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...
by Gordon Barratt | Nov 29, 2024 | News
Ottawa must make sure the Trump administration understands how inter-related energy markets are in the US and Canada, a Canadian government minister said on Thursday, commenting on President-elect Donald Trump’s vow to impose a 25% tariff on imports from the...
by Gordon Barratt | Nov 29, 2024 | News
A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola’s state-controlled diamond miner Catoca, an Angolan official said on Thursday. Angola has been under pressure to cease its long-standing partnership with...
