The Vancouver-based precious metals streaming company announced the plan while posting a fourth quarter revenue increase of 29% to $258 million, up from $200 million last year.
Vancouver Mining News
Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.
The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.
Rebuttal comes as shareholders launched an investigation over possible false and misleading statements made by the miner about its Pebble copper-gold project in Alaska.
The firm, North America's No.1 producer of coking coal, benefitted from the price rally — steelmaking coal climbed 155.5% to $207 in the quarter.
Shares in the Canadian miner behind the stalled Pebble copper-gold project in Alaska nosedived after a report branded the venture as “worthless.”
Cost per barrel, however, will remain at about $84,000 per flowing barrel of bitumen.
Judge revoked an interim order that prevented the company from relocating graves present at its Platreef platinum group metals mine, in Limpopo Province.
Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.
Company has decided to reconfigure the plan for its Turkey-based Kışladağ mine, which is its flagship operation.
Wright, who joined Eldorado in 1996 and has held several management positions prior to becoming its president and CEO in 1999, will be the company's new chairman.
Move follows extensive talks with Chinese and Mongolian authorities.
China Gold International Resources Corp. Ltd. is pleased to announce that the commissioning of Series I of Jiama Phase II Expansion at Tibet Huatailong Development Co., Ltd. commenced December 1, 2016 as scheduled.
Pipeline ruptures, bunker fuel spills pose a greater risk than a major oil tanker spill, they say.
Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.
Canada’s Ivanhoe Mines and joint-venture partner Zijin Mining have transferred a further 15% interest in their Kamoa-Kakula copper project to the DRC’s government.
Company has finished selling its stakes in the White Mountain and Tanjianshan mines, as well as in the Eastern Dragon development project to an affiliate of China’s Yintai Resources.
Move will give the Vancouver miner 80% ownership of Zafranal Peru copper mine project
Decision is expected to put an end to years of confrontation between the Canadian miner and the Greek government.
Lucara Diamond Corp. is pleased to announce excellent results from its second Exceptional Stone Tender of 2016.
The acquisition of Silver Standard Resources’ exploration properties is part of the Vancouver-based miner recent emphasis on expanding its presence in Mexico.
Trevali Mining jumped more than 4% Monday after it announced the discovery of a new high-grade zinc-lead-silver mineralization at its Santander mine, located in Peru.
The mining giant, North America's largest producer of steel-making coal, has raised its production forecast for the year.
Despite the lower figures, the miner noted it remains on track to meet full year revised guidance of 5.5-6.0 million ounces of silver this year.
The move marks the Vancouver-based miner exit from China.