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By: Henry Lazenby Updated 5 hours ago The Toronto Stock Exchange (TSX) has deferred a decision to delist Mongolia-focused coal miner SouthGobi Resources’ stock to late next month. The TSX had placed the company on a remedial delisting review in connection with its reliance on the ‘financial hardship’ exemption that allowed it to... →
By: Henry Lazenby Updated 6 hours ago A feasibility study on Australian explorer Greenland Minerals and Energy’s (GMEL’s) Kvanefjeld multi-element project has reported compelling metrics, delivering a similar net present value (NPV) to a previous study despite increased capital costs. The ASX- and Frankfurt-listed explorer on Monday... →
By: Henry Lazenby US coal producer Arch Coal late last week reported that the New York Stock Exchange (NYSE) had issued a notice of noncompliance with the exchange’s continued listing standards. Under NYSE rules the average closing price of a listed company's common stock must be at least $1 per share for any... →
By: Henry Lazenby Operations at St Andrew Goldfields’ Holt mine and mill, located 125 km east of Timmins, in Ontario, resumed on Monday morning after a fatal underground accident halted all operations on Saturday. Twenty-two-year old Alexie Dallaire-Vincent was killed on Saturday after she was involved in an... →
By: Megan van Wyngaardt Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium has launched a High Court application against financial services provider Sasfin Bank. The JSE-listed company on Monday said that, in the application, which was submitted to the court on May 22, the company’s... →
By: Martin Creamer Fuel cell electric vehicles will allow platinum mining to build its future in a truly sustainable way on the back of zero exhaust emissions and the use of the world’s endless supply of hydrogen as a fuel source, Anglo American Platinum (Amplats) CEO Chris Griffith has told Platinum Week 2015 in... →
By: News24Wire President Jacob Zuma has dismissed as "false" comments by a lawyer linking the presidency to the retirement of the North West police commissioner. "The presidency rejects the false statements made by Marikana defence attorney, Andries Mkome... in relation to the provincial and national police... →
By: Ajoy K Das A final decision on producer Coal India Limited (CIL) aborting its Mozambique investments will only be taken in September or October, after the impact on diplomatic and economic bilateral relations between the two countries has been assessed. According to government officials, CIL’s "unofficial"... →