$200bn capex ambition of mining majors under spotlight

The great China-led economic supercycle that has been boosting global economies for a decade is falling below its expected trajectory, which is giving rise to questions supercycle slippage and demise.

South Africans spearheading new Guinea bauxite thrust

South Africans are spearheading a new bauxite thrust in Guinea, which hosts a quarter of the world’s bauxite reserves. Adonis Pouroulis, better known as the initiator of Petra Diamonds – now listed on the main board of the London Stock...

NAP to raise C$35m for Ontario palladium mine

Precious metals producer North American Palladium (NAP) on Wednesday said it had entered into an agreement with a syndicate of underwriters co-led by Scotia Capital and RBC Capital Markets to raise C$35.03-million, by selling 11.3-million...

Queensland court dismisses Vale’s Belvedere appeal

The Queensland Supreme Court has closed off Brazilian giant Vale’s last avenue of appeal in its dispute with diversified junior Aquila Resources, regarding the value of the Belvedere hard coking coal project. The Court of Appeals has dismissed...

Company Announcement: Great Basin Gold Announces Closing Of C$50 Million Bought Deal

Public Offering Of Units

Company Announcement: PMI Gold completes 35 million dollar public offering of common shares

PMI Gold Corporation is pleased to announce that it has completed its previously announced bought deal public offering of 28,000,000 common shares

Great Basin Gold announces new deal to raise C$50m

Dual-listed Great Basin Gold has terminated its bought deal announced last week, and replaced it a new deal, sweetening the offer price to C$0.75 a share. The junior mining company was aiming to raise C$50-million to carry its Burnstone gold...

Burnstone gold mine, South Africa

Great Basin has said it is raising C$50-million in a bought deal financing to carry its Burnstone mine through to the third quarter.

Great Basin needs another C$50m

Gold junior Great Basin on Thursday said it is raising C$50-million in a bought deal financing to carry its Burnstone mine in South Africa through to the third quarter, when it expects the operation to be cash-flow positive. The company has...

Company Announcement: NovaGold Reports Significant New Drill Results at Galore Creek

Bountiful In-fill Drill Results Yield Average Grades Higher than Those in Pre-Feasibility Study
Multiple Significant Intersections in Resource Infill Program, Including 
185 meters of 1.29% Copper and 0.51 g/t Gold.

Company Announcement: Enters into a bought deal agreement to raise proceeds of C$35m

PMI Gold Corporation (TSXV:PMV, ASX:PVM, Frankfurt:PN3N.F) (“PMI” or the “Company”) has today entered into an agreement with a syndicate of underwriters co-led by Clarus Securities Inc. and RBC Capital Markets and including GMP Securities...

PMI raises C$35m for Obotan

Dual listed PMI Gold Corporation was looking to raise some C$35-million through a bought deal agreement with a syndicate of underwriters led by Clarus Securities and RBC Capital Markets. The underwriters have agreed to buy some 28-million common...