by Gordon Barratt | Dec 2, 2024 | News
Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new currency. Bullion traded around $2 635 an ounce in early Asia hours on Monday...
by Gordon Barratt | Dec 2, 2024 | News
Bowen Coking Coal has mined its first coal at Plumtree North in Queensland ahead of schedule. The milestone follows the completion of a partially-underwritten $70 million renounceable entitlement offer, providing Bowen with balance sheet flexibility to fund the mine’s...
by Gordon Barratt | Dec 2, 2024 | News
Northern Star Resources is set to acquire De Grey Mining, owner of one of the world’s largest undeveloped gold projects, for approximately $5 billion. Under the terms of the scheme implementation deed, De Grey shareholders will be entitled to receive 0.119 new...
by Gordon Barratt | Nov 29, 2024 | News
Dual-listed Barrick Gold has welcomed the decision by the Ontario Superior Court to dismiss a lawsuit filed by a group of Tanzanian nationals who had alleged human rights abuses by Tanzanian police officers at the company’s North Mara gold mine. The court ruled this...
by Gordon Barratt | Nov 29, 2024 | News
Canada’s McEwen Copper is scouting for investors to raise $2.5-billion to move forward with construction of Los Azules copper mine in Argentina, company vice president Michael Meding said in an interview. McEwen Copper, part of McEwen Mining, is...
