https://www.miningweekly.com
R/€ = 15.66 Change: 0.00
R/$ = 13.91 Change: 0.00
Au 1413.24 $/oz Change: -2.17
Pt 840.82 $/oz Change: 1.93
 

Creamer Media Reporter

BHP and Luminex make Ecuador earn-in binding

15th July 2019 Canadian junior Luminex Resources on Monday announced the signing of a formal earn-in and joint venture (JV) agreement with a wholly-owned subsidiary of BHP, which would earn into two mining concessions in Ecuador. Ultimately, the major will have the right to earn a 70% interest in a JV company... 

Karelian raises £100k from new investor

15th July 2019 Finland-focused diamond exploration company Karelian Diamonds on Monday announced that it had conditionally raised £100 000 from a new investor, Martello Holdings. Martello subscribed for 2.5-million new ordinary shares at 4p each – a premium of about 31% to the closing mid-market price of 3.05p... 

Teck and Liberty Gold sell Turkey project

15th July 2019 Canadian companies Teck Resources and Liberty Gold have agreed to sell the Halilağa copper/gold porphyry deposit in north-western Turkey to Cengiz Holdings for $55-million in cash. The Turkish construction, mining and energy group will pay Teck and Liberty in three stages, over a two-year period. 

Cameco awarded $40m in Tepco dispute

15th July 2019 A tribunal of international arbitrators has ordered Japan’s Tokyo Electric Power Company (Tepco) to pay Canadian miner Cameco $40.3-million in damages, following the termination of a multibillion-dollar supply agreement in 2017. Saskatoon, Saskatchewan-based Cameco’s claim was for damages of... 

Pakistan ordered to pay Antofagasta-Barrick venture $5.84bn in damages

15th July 2019 The World Bank’s International Centre for Settlement of Investment Disputes has awarded a joint venture between London-listed Antofagasta and Toronto-listed Barrick Gold $5.84-billion in damages. The joint venture, Tethyan Copper Company (TCC), has filed for damages against the government of... 

Gran Colombia hikes 2019 production target

11th July 2019 Colombia’s largest underground gold and silver producer, TSX-listed Gran Colombia, has increased its guidance for 2019 to between 225 000 oz and 240 000 oz. The new guidance compares with a previous range of 210 000 oz to 225 000 oz, and follows a strong six-month period. 

SSR Mining on track for higher yearly gold production

11th July 2019 Precious metals miner SSR Mining, which operates mines in the US, Canada and Argentina, expects to meet or exceed its yearly production guidance for the eighth consecutive year, following a strong first half of 2019. The company is on track for higher yearly gold production, having produced more... 

New Gold reports in-line quarterly results

11th July 2019 Intermediate gold miner New Gold produced 132 556 gold-equivalent (GEO) ounces in the second quarter, comprising 82 516 oz of gold and 21.6-million pounds of copper, from its two mines in Canada. The quarter marked the third consecutive quarter that the company achieved in-line results, CEO... 

Stornoway says diamond prices lower than first quarter's

11th July 2019 Stornoway Diamonds, the operator of Quebec’s first diamond mine, has told shareholders that weak conditions in the rough diamond market continued to persist, with CEO Patrick Godin saying on Wednesday that further decreases in pricing were observed during the second quarter of the year. The... 

Explorer Osisko Mining raises C$40m

11th July 2019 TSX-listed exploration company Osisko Mining has raised C$40-million in two financing transactions announced on Wednesday. In the C$30-million raising, the company entered into an agreement with a syndicate of underwriters, led by Canaccord Genuity, for a “bought deal” private placement of... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close