Gold and silver producer Polymetal is replacing its existing loans with Russian State-owned banking group Sberbank with a new $500-million credit facility.
This is the first ten-year facility in the mining company’s history and corporate finance direc…
Polymetal agrees ten-year loan with Sberbank Read More »
Canadian miner B2Gold 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.
The $100-million transaction involved cash payments a…
B2Gold sells Nicaragua assets to Calibre in $100m deal Read More »
New data has revealed that the global exploration recovery, which began in late 2016, has faltered this year, with the estimated nonferrous exploration budget falling by 3% to $9.8-billion.
Latin America remains the top region for exploration, despite…
Australia’s exploration budget surpasses Canada’s for first time in 18 years Read More »
New data has revealed that the global exploration recovery, which began in late 2016, has faltered this year, with the estimated nonferrous exploration budget falling by 3% to $9.8-billion.
Latin America remains the top region for exploration, despite…
Australia’s exploration budget surpasses that of Canada Read More »
Uranium One, a subsidiary of Russia’s Rosatom, has signed a memorandum of understanding to buy a 51% interest in the Atacama lithium project from Canada’s Wealth Minerals. The project comprises a 46 200 ha licensed position located in the Atacama Salar…
Rosatom’s Uranium One to buy into Chile lithium project Read More »
Mining company Firestone Diamonds has placed an order to hire diesel generator units to run the processing plant at its Liqhobong mine, in Lesotho, as the operation continues to struggle without sufficient power from the grid.
The units are scheduled …
Firestone to hire diesel generators to run Liqhobong plant Read More »
London-listed Capital Drilling on Tuesday reported that it had achieved continued solid operational profitability, driven by consistent revenue from long-term contracts and ongoing prudent cost management, during the third quarter ended September 30. T…
Capital Drilling sees further revenue growth as West Africa activity picks up Read More »
The Maracás Menchen mine in Bahia state, Brazil, has delivered a new quarter production record of 2 952 t of vanadium pentoxide (V205), reflecting the impact of an expansion project that is now in its final stages of commissioning.
The third-quarter…
Brazil vanadium mine delivers record production Read More »
NYSE American- and TSX-listed Great Panther has lowered its fourth-quarter production guidance for the Tucano mine, in Brazil, following wall failures in one of the five pits scheduled for production in the quarter.
Since the discovery of the geotechn…
Geotechnical issues see Great Panther cut Tucano guidance Read More »
Production at the Gedabek mine, in Azerbaijan, increased by 3% quarter-on-quarter to 20 227 gold-equivalent ounces (GEOs) in the third quarter, taking year-to-date production to 60 122 GEOs, Anglo Asian reported on Tuesday.
The total production compri…
Anglo Asian reports strong cash generation on strong gold price Read More »
