Osisko Gold Royalties has received $118.5-million from Pretium Resources, which has repurchased the Brucejack gold and silver stream, allowing the precious metals royalty company to repay debt and to fund share repurchases.
The TSX- and NYSE-listed co…
Osisko Gold Royalties to repay debt, buy back C$100m in shares Read More »
Development of the Cononish gold and silver mine started on Wednesday, following confirmation from the Loch Lomond and Trossachs National Park Planning Authority (NPA) that all 19 pre-start conditions to the planning application have been discharged.
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Scotland’s Cononish mine enters development phase Read More »
Base metals firm Heron Resources has started commissioning activities at its Woodlawn zinc/copper project, in New South Wales, the ASX-listed firm announced on Wednesday.
Commissioning activities mark the start of the final phase in the construction p…
Heron starts Woodlawn commissioning Read More »
The Letšeng mine in Lesotho has produced a 101 ct diamond, bringing the total recoveries to a record 14 diamonds of more than 100 ct during the year, London-listed Gem Diamonds reported on Wednesday.
Besides the 101 ct diamond, the miner also extracte…
Letšeng yielded record number of 100-ct-plus diamonds this year Read More »
Shaft 1 at Ivanplats’ Platreef project, near Mokopane ,in South Africa, has reached a depth of 850 m below the surface and work has begun on the 850 m station – the second of three horizontal mining access stations planned for the shaft that is current…
Platreef Shaft 1 reaches 850 m below surface Read More »
JSE-listed coloured gemstone miner Gemfields said on Tuesday that the Zambian Revenue Authority (ZRA) had cleared its Kagem mine, following a recent tax investigation.
The investigation started in August when the ZRA served two search warrants during …
Zambian revenue authority clears Kagem Read More »
Oil and gas major Santos will reduce its production emissions with an Australian-first roll out of 100% renewable energy to power its oil well operations in the remote Cooper basin in South Australia and Queensland, following a grant from the Australia…
Santos turns to solar for Cooper basin pumping Read More »
Diversified major Rio Tinto has completed the sale of its aluminium smelter at Dunkerque, France, to Liberty House for $500-million.
Liberty House, which is part of the GFG Alliance (Gupta Family Group), has committed to continuing operations at the s…
Rio Tinto wraps up $500m sale of French smelter Read More »
Precious metals miner Polymetal has sold the Khakanja assets to a group of Russian buyers for $30-million in cash and assumed debt, advancing its strategy of selling smaller, short-lived assets.
The assets comprise the 600 000 t/y processing plant, ot…
Polymetal sells another small asset Read More »
Trading in Randgold Resources on the LSE and Nasdaq will cease on December 31, as its $6.1-billion share-for-share merger with Barrick Gold cleared its last major milestone.
The Royal Court of Jersey on Monday sanctioned the scheme of arrangement, whi…
Randgold-Barrick merger clears last major milestone Read More »
