by Gordon Barratt | Apr 28, 2020 | News
Mongolia has shelved near-term initial public offering plans for state-owned coal miner Erdenes Tavan Tolgoi (ETT) as the Covid-19 pandemic roils financial markets. The country’s cabinet partially repealed a resolution that called for immediate action for ETT’s...
by Gordon Barratt | Apr 27, 2020 | News
Nokia has joined a global collaboration that will see the company deploy its private wireless network – known as Nokia Digital Automation Cloud – to facilitate better communication in underground mining operations. Nokia has joined forces with NORCAT – a global...
by Gordon Barratt | Apr 27, 2020 | News
An increase in Australia’s resources export revenue has underpinned a 29 per cent improvement in the value of Australia’s goods exports in March compared with the previous month. Based on preliminary estimates for Australian international merchandise released by the...
by Gordon Barratt | Apr 27, 2020 | News
Bandar Al-Khorayef. (Supplied) The Saudi minister of industry and mineral resources, Bandar Al-Khorayef, has issued seven decisions relating to the largest allocation process for mining-reserve sites in the Kingdom. They include 54 sites covering an area of...
by Gordon Barratt | Apr 27, 2020 | News
The Pueblo Viejo gold mine – a joint venture between Barrick Gold (60%) and Newmont (40%) – has made an early tax payment this month to help contribute to the stability of Dominican Republic and aid the country in containing the spread of Covid-19. Pueblo Viejo paid...
by Gordon Barratt | Apr 27, 2020 | News
Mexican mining and transport firm Grupo Mexico registered a net loss of $369.2-million during the first quarter of this year in a sharp reversal from the year-ago period, the company said in a filing with the Mexican stock exchange on Friday. Grupo Mexico posted a...
