Sirius Shares to Cease Trading on Sept 11

The Federal Court of Australia has approved ASX-listed miner Independence Group’s takeover of fellow-listed Sirius Resources.

Thursday, September 10, 2015

Independence Revises Long Mine Plan

Diversified miner Independence Group has revised its mine plan and cut staff numbers at its Long operation, in Western Australia, in response to the current weakness in the nickel price.

Wednesday, September 9, 2015

Noront Closes C$1.54m Private Placement

The largest landholder in the promising mine camp known as the Ring of Fire, in Northern Ontario, has closed a C$1.54-million financing to advance the development of its Eagle’s Nest project, for exploration in the region and for general working capital.

Wednesday, September 9, 2015

Glencore in R2.5bn Equity Raising, $10bn Capital Preservation, Debt Cutting

Global commodities mining and marketing company Glencore on Monday announced a fully committed proposed equity capital raising of up to $2.5-billion alongside additional $10.2-billion capital preservation and debt reduction measures, portfolio optimization and...

Tuesday, September 8, 2015

Miners Increasingly Looking to Renewable Energy Sources to Drive Operational Savings

Current pressures on the mining sector is driving increased interest in the cost savings and power security advantages that renewables could provide mining operations.

Sunday, September 6, 2015

Company Reports Lower Zimbabwe Gold Sales

Gold sales from Pan-African multi-commodity mining and development company Mwana Africa’s Freda Rebecca mine, in Zimbabwe, Dropped slightly to 57799 oz during the financial year ended March 31, from the 58704 oz sold during the prior financial year.

Sunday, September 6, 2015

Brazil’s Vale Says Permitted to Restart Onca Puma Nickel Mine

Brazil’s Vale said on Wednesday it had received a ruling allowing it to restart operations at the Onca Puma nickel mine, in Para state.

Sunday, September 6, 2015

Nearctic Nickel Sues Quebec Government for Taking Three Claims

Nearctic Nickel Mines has sued the Quebec Ministry of Energy and Natural Resources for allegedly taking three territories from the Expo Ungava property, in 2008, to create three mining leases issued to Canadian Royalties.

Sunday, September 6, 2015
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