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Mongolia annuls IPO order for giant Tavan Tolgoi coal mine

Coal / Reuters

Mongolia has scrapped an executive order calling for its giant Tavan Tolgoi coal project near its southern border with China to be funded through an international initial public offering, the country’s cabinet said.

The massive project with estimated…

Mongolia annuls IPO order for giant Tavan Tolgoi coal mine Read More »

Papua New Guinea warns Barrick over gold mine control

Uncategorized / Reuters

Papua New Guinea has threatened to take control of a gold mine operated by Barrick Gold in the country after Barrick’s local unit suspended operations at the weekend following news the mine’s lease would not be renewed.

Barrick, one of the world’s bi…

Papua New Guinea warns Barrick over gold mine control Read More »

Nordgold starts large-scale Covid-19 testing at its mines

GOLD / COVID-19 / Simone Liedtke

Gold producer Nordgold has started large-scale Covid-19 testing at its mines. To date, 282 employees have been tested at its Holba mine, in Russia, with zero cases being diagnosed.

Nordgold starts large-scale Covid-19 testing at its mines Read More »

BHP looks to expand iron-ore exports from Port Hedland

Uncategorized / Reuters

Miner BHP Group said on Tuesday it plans to expand its iron-ore export capacity from Port Hedland, the largest global shipping hub for the steel-making commodity, by up to 40-million tonnes a year to 330-million tonnes a year.

The move comes as impro…

BHP looks to expand iron-ore exports from Port Hedland Read More »

Form 497 JANUS ASPEN SERIES – StreetInsider.com

Common Stock Warrants, US Warrant News / https://commonstockwarrants.com

Form 497 JANUS ASPEN SERIES StreetInsider.com … Continue reading →

Form 497 JANUS ASPEN SERIES – StreetInsider.com Read More »

Emerald closes Okvau financing

MINING FINANCE / Esmarie Iannucci

ASX-listed Emerald Resources has achieved financial close on a $60-million project debt facility for its Okvau gold project, in Cambodia.

The company had previously inked a credit agreement with Sprott Private Resource Lending to allow for the constr…

Emerald closes Okvau financing Read More »

Saracen posts record quarter

Uncategorized / Esmarie Iannucci

Gold miner Saracen Mineral Holdings has reported another quarterly production record, with the miner producing 158 132 oz of gold in the three months to March.

The March quarter production was up from the previous record of 120 127 oz produced in the …

Saracen posts record quarter Read More »

REZ takes a new look at Mt Makenzie

Uncategorized / Esmarie Iannucci

Junior Resources and Energy Group (REZ) is undertaking a review of its Mount Mackenzie gold/silver project, in Queensland, to incorporate a higher gold price.

A December scoping study into the project estimated that for a capital cost of A$13-million,…

REZ takes a new look at Mt Makenzie Read More »

Stanmore earnings take a hit

Coal / Esmarie Iannucci

Coal miner Stanmore Coal has warned shareholders that its underlying earnings before interest, tax, depreciation and amortization (Ebitda) for the full 2020 will be impacted by the Covid-19 pandemic.

The miner has revised its underlying Ebitda expecta…

Stanmore earnings take a hit Read More »

De Grey raises cash for Mallina exploration

CAPITAL RAISE / Esmarie Iannucci

Junior De Grey Mining will raise A$31.2-million through a share placement to fund its ongoing exploration work at its Mallina gold project, in Western Australia.

The company on Tuesday reported that it had received firm commitments for the placement …

De Grey raises cash for Mallina exploration Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
  • To Coved or not To Coved
  • Life After Capitalism
  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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