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Ardiden raises cash for Canadian exploration

Junior Ardiden will raise A$6.5-million through a share placement to institutional, professional and sophisticated investors to fund exploration at the Pickle Lake gold project, in Ontario. The company on Friday said that it would issue 500-million...

Russian arctic diamond miner ALMAR plans IPO next month

Russian diamond miner ALMAR plans to sell 15% of its shares in an initial public offering next month, betting that a booming gem market will attract investors despite geopolitical tensions weighing on the nation’s stocks. The company plans to list on Russia’s SPB...

TPG and Nokia create private network for mines

TPG Telecom has signed a Memorandum of Understanding (MoU) with Nokia in a partnership to develop mobile private network (MPN) innovations for the mining and energy sectors. The agreement will see the companies collaborate across their extensive portfolios to provide...