The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.
Copper Mining News
While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.
The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser
Excelsior Mining (TSXV:MIN) investors have seen a stellar 2017, with the stock up 30% over the last month and 41.2% year to date.
Agreement is part of plan to double investment in the sector to $25bn in eight years.
Barrick confirmed chairman John Thornton met President John Magufuli for talks Wednesday, but didn't mention the details of what, if anything, had been agreed.
Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.
The growing market for electric vehicles will significantly impact demand for copper over the next decade, according to new research commissioned by the International Copper Association.
With the zinc market on the verge of a potentially huge supply deficit, The Critical Investor examines Vendetta Mining's Pegmont lead-zinc project in Australia.
Government accused the gold miner of operating illegally in the country and said it has been evading taxes.
It's a well-known fact that copper was used by ancient peoples to make some of the earliest tools and artwork.
Taseko Mines (TSX:TKO), the company behind a large copper-gold project in north-central British Columbia, was back in court last week to appeal a 2016 decision that went against it.
Operations at the silver-gold mine have been suspended until further notice.
Chinese demand for refined copper up 30% in May while falling concentrate imports point to tight supply.
The EU regulation on mineral sourcing that comes into force today will not be effective enough due to its limited scope and delay in implementation.
Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.
Power price resolution could come within ‘weeks’, chamber says
S&P500 most expensive compared to commodities since late 1960s despite last year's rally in metals and mineral prices.
A first look at DeepGreen Resources, a seafloor mining startup partnered with Glencore, Maersk, and Fiore Group to disrupt the metals industry and defend the environment.
Trilogy Metals’ most recent resource update at the Arctic zone in Alaska was pretty impressive, as the deposit is now expected to contain a pit-constrained (!) resource of 36 million tonnes at an average grade of in excess of 3% copper, 4.23% zinc, 0.73% lead, 0.63 g/t gold and approximately 1.5 ounces of silver per tonne of rock.
Acquisition will help the Canadian company expand its diamond, gold and silver asset base.
43-day strike at world's largest copper mine cost BHP around $1 billion in lost revenue.
There is a critical need for large-scale investment and regional integration to unlock greater economic potential and mitigate risks for the energy sector in Latin America and the Caribbean, report shows.
Mining will commence in July at the Urquhart bauxite project in far north Queensland.
Smart money's bullish bets on commodity futures and options slashed 64% from record high hit just three months ago.