JSE-listed Northam Platinum has managed to extend the maturity dates of certain notes held in terms of the company’s R10-billion Domestic Medium Term Note (DMTN) Programme with an aggregate amount of around R1.8-billion.
The agreement was reached wit…
Loan note changes add R811m to Northam’s liquidity for this uncertain year Read More »
Brazil’s Vale is seeing a "very vigorous" economic rebound in China, the iron-ore miner’s principal export market, CFO Luciano Siani said during an online event hosted by newspaper Valor Economico on Friday.
"Industrial activities [in Chin…
Brazil’s Vale sees a ‘very vigorous’ economic recovery in China Read More »
Dual-listed SolGold has secured a royalty financing package for its flagship Alpala project with Toronto-headquartered royalty and streamlining company Franco Nevada, paving the way for the “rapid advancement” of the copper/gold project, in Ecuador.
T…
SolGold agrees up to $150m royalty financing for Ecuador project Read More »
Almost 90 workers at Russia’s largest gold mine, operated by Polyus, have contracted the coronavirus, according to the public health agency.
The miners’ unit at the Siberian province of Krasnoyarsk recorded 82 new cases of the deadly virus in the past…
Coronavirus sickens almost 90 at biggest Russian gold mine Read More »
ASX-listed Adriatic Metals has inked a binding letter of agreement with TSX-V listed Tethyan Resource Corporation that will see Adriatic consolidate its position as a leading Balkan polymetallic explorer and developer.
Under the agreement, each Tethya…
Adriatic makes an offer for Tethyan Read More »
Mine developers scrambling to fund projects to meet forecast demand for battery metals see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments.
An already tough environment to raise project financ…
Carmakers urged to invest in mines to avoid battery metal pinch Read More »
Diversified major Rio Tinto has introduced Covid-19 testing at its Diavik diamond mine, in the Northwest Territories, in Canada, as an additional precautionary measure to protect employees and community members.
The miner said over the weekend that …
Rio institutes more testing at Diavik Read More »
A number of resources industry bodies have called for a reform of the Environment Protection and Biodiversity Conservation (EPBC) Act, as an independent review into the legislation continues.
“Reforms to the Act are long overdue, and numerous reviews …
Australian miners calling for reform of EPBC Act Read More »
A new report by advisory firm Deloitte Access Economics has shown that company taxes and royalties paid by Australia’s world-leading minerals sector increased by A$8-billion in 2018-19 to a record A$39.3-billion.
Increasing tax and royalty contributio…
Mining taxes up by A$8bn in 2018/19 Read More »
Diversified miner Anglo American has started the staged re-entry of its Grosvenor Grosvenor mine, in Queensland, following an explosion last week which injured five workers.
CEO of Anglo American’s metallurgical coal business, Tyler Mitchelson over t…
Anglo re-enters Grosvenor Read More »
