Mining News Pro - After freezing out Rio Tinto Group for more than a decade for owning a highly polluting copper mine, one of the world’s biggest sovereign wealth funds has brought the company back into the fold.
Mining News Pro - Vancouver-based Falcon Gold announced Monday that CEO and director Karim Rayani has increased its holdings in the company through multiple investments.
Mining News Pro - Mid-tier Canadian miner B2Gold (TSX:BTO)(NYSE: BTG) has completed the sale of its El Limon and La Libertad gold mines, the Pavon gold project and other mineral concessions in Nicaragua to explorer and developer Calibre Mining.
Mining News Pro - Australia’s Fortescue Metals Group (ASX:FMG) and Guinea’s Société Miniere de Boke (SMB) are the two companies shortlisted to win mining rights to the northern blocks of the giant Simandou iron ore deposit, given up by Israeli tycoon Beny Steinmetz earlier this year.
Mining News Pro - Shares in Egypt-focused gold miner Centamin (LON:CEY) fell on Thursday more than 15% to 105.65 in London after it announced that its chief executive, Andrew Pardey, would leave the company following a year of operational challenges.
Mining News Pro - Ferrexpo Plc shares tumbled to a one-year low after authorities said they suspect the company’s billionaire chief Kostyantin Zhevago of large-scale money laundering and embezzling funds from a bank he formerly owned.
Mining News Pro - Canada’s IAMGOLD Corp. has resumed mining operations in the southern pits of its Rosebel gold mine, in Suriname, with full ramp up expected in about a month.
Mining News Pro - Sirius Minerals, the British company building a huge fertilizer mine beneath a national park, lost more than half of its market value on Tuesday after it announced it had cancelled plans to raise the $500 million needed to move ahead with the Woodsmith project.
Mining News Pro - Private equity firm Orion Mine Finance has reduced its stake in Armenia-focused Lydian International to 11.7% from 13% after selling 10 million shares in the gold developer at C$0.10 each.
Mining News Pro - Mining towns account for nine out of the 10 Australian suburbs recording the strongest median property price growth, as the recovery in the property market takes hold.
Mining News Pro - Whatever happened to that old market adage of buying the rumour and selling the fact?
Mining News Pro - The owner of the only US rare earths mine is going on a hiring spree as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the minerals amid an escalating trade war.
Mining News Pro - Market research firm Fitch Solutions recently published a company outlook for BHP Billiton, weighing in on the company’s market-leading position in the mining industry.
Mining News Pro - Vancouver-based gold miner B2Gold Corp. (TSX: BTO) reported Wednesday strong operational and financial results for the second quarter and first half of 2019, surpassing analyst expectations.
Mining News Pro - Gold futures rallied above $1,500 an ounce on sustained demand for the traditional haven as the US-China trade war festers, global growth slows and central banks around the world ease monetary policy.
Mining News Pro - Shares in Sirius Minerals (LON:SXX), the British company building a huge fertilizer mine beneath a national park, plummeted on Tuesday after it suspended a planned $500 million bond sale, which was a key part of the funding necessary for its polyhalite mining project.
Mining News Pro - Even though at the beginning of the month iron ore was trading above $120 a tonne, the highest in more than five years, prices are starting to come down, closing at about $100 a tonne in the last market session.
Mining News Pro - Hudbay Minerals (TSE: HBM) shares plunged more than 20% on Thursday after a court ruling barred the company from proceeding with construction at its Rosemont project in Arizona.
Mining News Pro - Rio Tinto-controlled Turquoise Hill Resources said an impairment charge at the cash-generating unit of its Oyu Tolgoi copper mine in Mongolia led to the company missing estimates for second-quarter profit on Wednesday.
Mining News Pro - Greatland Gold’s (LSE:GGP) stock was up over 14% on Thursday after first results from Newcrest’s drill campaign at Greatland’s Havieron licence were released.
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