The share price of TSX- and NYSE-listed Turquoise Hill plunged on Thursday, as controlling shareholder Rio Tinto announced that a Turquoise Hill rights issue would be needed for the Oyu Tolgoi underground project, in Mongolia.
The company’s stock fel…
Turquoise Hill shares tank on Oyu Tolgoi funding announcement Read More »
Diversified major Rio Tinto will seek to raise up to $500-million in additional lending under existing project financing for the Oyu Tolgoi underground project, in Mongolia.
The company owns Oyu Tolgoi through its majority ownership in Toronto-listed …
Rio Tinto to raise $500m for Oyu Tolgoi Read More »
Diversified major BHP has set medium-term targets for reducing greenhouse emissions, announcing on Thursday that it would reduce emissions by at least 30% from adjusted 2020 levels by the end of this decade.
The group has already established its long-…
BHP links bonuses to climate plan, sets medium-term targets Read More »
Short-seller JCAP has a new exploration and development company in its sights – Toronto-listed Northern Dynasty, which is seeking to build the contentious Pebble copper/gold project in Alaska.
The company on Wednesday published a scathing report on No…
Pebble owner Northern Dynasty in short-seller JCAP’s sight Read More »
Delaware-based Bullfrog Gold on Tuesday announced a transaction to acquire rights in Nevada from gold major Barrick Gold, along with plans for a C$22-million financing to be completed through Augusta Investments.
Upon completion of the transaction, Ba…
Barrick sells rights to Bullfrog Gold Read More »
TSX-V-listed Gold Terra Resources on Tuesday announced an exploration agreement with gold major Newmont, which could see the junior earn into ground adjacent to the former Con mine, in the prolific Yellowknife mining camp.
Gold Terra executive chairpe…
Gold Terra to earn into ground adjacent to Con mine Read More »
Canada-based Yamana Gold expects to begin trading on the main market of the LSE before the release of its third-quarter results next month and says it is making good progress with exploration.
In an update on Tuesday, the company listed its planned Lo…
Yamana expects London listing before next month’s Q3 results Read More »
The Fort Hills oil sands mine, in northern Alberta, will restart the second primary extraction train, ramping up production to about 120 000 bbl/d by the end of the year, majority owner Suncor Energy announced on Tuesday.
The second train at the Fort …
Fort Hills partners to restart second train Read More »
Diversified miner Rio Tinto has provided a virtual preview to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses of rare Argyle pink, red, violet and blue diamonds in one of the very last offerings of the iconic diamond…
Rio Tinto offers virtual preview of some of Argyle’s last offerings Read More »
Commodities trader Trafigura has launched a $500-million ‘low carbon aluminium’ financing platform, which it says is a first-of-its kind for the company and the wider market.
Supported by Natixis and Rabobank, the platform will enable Trafigura to acc…
Trafigura launches $500m low-carbon aluminium financing platform Read More »
