Listed Mining Companies
Zinc
FINANCE
Lundin amends, extends credit facility
0 COMMENTS
Canadian base-metals miner Lundin Mining has amended and restated a credit agreement to increase the amount of the revolving credit facility, lower the cost of borrowing and extend the term of the facility, the firm said on Thursday.
The...
By: Liezel Hill
2nd September 2010
BASE METALS
China, US data propels copper to 4-month high
0 COMMENTS
Copper hit a four-month high on Wednesday, as firmer manufacturing data in both China, the world's biggest copper consumer, and the United States, the world's largest economy, boosted the demand outlook.
Analysts and traders also pointed to a...
By: Reuters
1st September 2010
BASE METALS
Lundin boosts copper reserves at Neves Corvo
0 COMMENTS
Toronto-based Lundin Mining has increased both reserves and resources of copper at its Neves-Corvo mine, in Portugal, since its last update six months earlier.
Lundin, which reported resource and reserve estimates for its mines in Europe and...
By: Liezel Hill
31st August 2010
BASE METALS
Exxaro seeks to expand base metals operations
0 COMMENTS
Diversified miner Exxaro will conclude plans to develop a 300 000 t/y mineral sands mine early in 2011 and is ramping up output at a pigment plant in Australia, it said in an interview on Tuesday.
The South African miner for coal, mineral sands...
By: Reuters
31st August 2010
M&A
HudBay buys stake in junior Augusta
0 COMMENTS
TSX-listed HudBay Minerals has agreed to buy shares and warrants in Augusta Resource Corp for C$29,99-million, the firms announced this week.
Augusta will put the funds raised towards development at its flagship Rosemont project, in Arizona.
By: Liezel Hill
25th August 2010
CANADA
Alexco gets key Yukon permit, targets commissioning in 6 weeks
0 COMMENTS
Alexco Resource, which is building the Bellekeno silver/lead/zinc mine in Canada's Yukon territory, plans to complete construction and start commissioning within the next six weeks, the company said on Monday.
Shares in Alexco rose 3,1%, to...
By: Liezel Hill
23rd August 2010
MINE SAFETY
Exxaro just misses injury rate reduction target
0 COMMENTS
In an effort to follow in Anglo American’s footsteps to aim towards zero fatalities across all of its operations, diversified black economically-powered mining major Exxaro has decreased its lost-time-injury-frequency rate (LTIFR) by 13% to 0,30.
By: Jonathan Faurie
20th August 2010
OFFTAKE
Farallon extends, tweaks Trafigura concentrate supply deals
0 COMMENTS
Vancouver-based Farallon Mining has extended the zinc and copper concentrate off-take agreements it has with Trafigura Beheer for two years, the firm said on Thursday.
Farallon operates the G-9 mine in Mexico, where it produces zinc, copper, gold...
By: Liezel Hill
19th August 2010
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