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Base Metals
 
M&A

Global mining M&A rebounds, but Canada takes the cake

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Canadian Malartic gold mine, Quebec The three months ended June 30 saw global mergers and acquisitions (M&A) activity rebound from disappointing lows in the first quarter, but Canada was host to the most significant gold deals by a large margin, professional services firm KPMG...
17th September 2014
 
 
COPPER/GOLD

Newmont to restart Indonesia ops in 6- to 8-weeks after new permit

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Batu Hijau, Indonesia Senior gold producer Newmont on Tuesday morning reported that it would expected to restart its shuttered Batu Hijau copper mine in Indonesia within six- to eight-weeks of receiving a permit, CEO Gary Goldberg said. Speaking at the Denver Gold...
16th September 2014
 
 
COPPER

Rex takes up mining lease in S Australia

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Minerals developer Rex Resources has accepted the offer for a mining lease over its Hillside copper-gold-iron-ore project in South Australia, securing the last of the state and commonwealth approvals for the project’s development. The mining...
16th September 2014
 
 
ALUMINA

AMMG launches alumina BFS

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ASX-listed Australia Minerals and Mining Group (AMMG) has launched a bankable feasibility study into its South West high-purity alumina project, in Western Australia. The study would be based on the development of a 3 000 t/y high-purity alumina...
16th September 2014
 
 
COPPER

Workers to strike at Chile's Escondida copper mine next week - union

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The union at the world's largest copper mine, Chile's Escondida, has called a strike for September 22 and 24, aiming to paralyse activity to win improved working conditions, the union said on Monday. In a surprise announcement on Monday evening,...
16th September 2014
 
 
PLATINUM

Mining legend Friedland makes case for platinum at gold forum

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Billionaire mining legend Robert Friedland on Monday made the case for platinum at the Denver Gold Forum, saying that while he was a known gold bear, platinum was the only precious metal that had disruptive medium-term demand dynamics in the...
15th September 2014
 
 
COPPER

Mongolia says resolves Rio Tinto copper mine tax dispute

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A tax dispute that threatened to delay the giant Oyu Tolgoi copper mine being developed in Mongolia by Rio Tinto has been resolved, a government official said on Monday. The $6.5-billion Oyu Tolgoi project will produce more than 300 000 tonnes...
15th September 2014
 
 
NOTES OFFERING

Capstone cancels proposed $300m senior notes offering

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Pinto Valley, Arizona Canadian base metals miner Capstone Mining on Friday said, owing to adverse general market conditions, it had pulled the plug on its proposed offering of $300-million senior notes due in 2022. Capstone president and CEO Darren Pylot pointed out...
12th September 2014
 
 
 
 
 
 
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