Stornoway still seeking partner to ease finances
The company began the hunt for a buyer or investor this spring, but no indications of interest were received by the July 15 deadline.
Stornoway still seeking partner to ease finances Read More »
The company began the hunt for a buyer or investor this spring, but no indications of interest were received by the July 15 deadline.
Stornoway still seeking partner to ease finances Read More »
Country has also imposed fresh conditions to miner, including Lynas submitting a plan to move its cracking and leaching facility overseas within four years of the licence renewal.
Malaysia allows Lynas to continue operating rare earths plant, but only for six months Read More »
But for the short term, Fitch analysts have raised their iron ore price forecast for 2019 from $80/tonne to $90/tonne.
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Creditors have voted in favour of liquidating the company.
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The mine was placed on care and maintenance in late 2006 because of operational difficulties and lower coal prices.
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The miner produced 42% more diamonds than expected and sold 33% more than anticipated for 4% less revenue.
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Pre-construction work in preparation for reopening is expected to begin in earnest in 2020.
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Coeur Mining is ranked #1 with a market cap of $1.13 billion.
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The junior is targeting the end of 2020 for the first gold pour at the high-grade, past-producing underground project.
Pure Gold lands $90 million for Madsen project Read More »
Australian producers hit as 33% year- to-date spodumene price decline accelerates with little prospect of short term relief.
Spodumene supply surge sinks lithium prices Read More »