Favourable weather helps Kazakhmys post solid results

Kazakhmys plc said it was on track to meet full-year production guidance after copper cathode production reached 73,000t for the March quarter.

Miningmag | April 26, 2013 | 5:51 am

Franco-Nevada announces C$340m raising

Franco-Nevada Corp, the royalty company, has announced a C$340 million (US$325 million) bought deal financing to fund acquisitions and working capital.

Miningmag | November 25, 2011 | 2:34 am

Aston sells 10 pct stake in Maules Creek

Aston Resources Ltd has agreed to sell 10% of its Maules Creek coal project in New South Wales to a subsidiary of Japan’s Electric Power Development Co Ltd for A$370 million.

Miningmag | October 5, 2011 | 8:01 am

Funds slash commodity bets

Funds reduced bets on rising commodity prices by the most in any week since February 2010 on mounting concern that a weakening global economy will slow demand for raw materials. In the week ended Aug 9, speculators cut their net-long positions in 18

Miningmag | August 17, 2011 | 5:15 am

Newcrest declares special dividend

Newcrest Mining Ltd has declared a A$0.20/share (US$0.20/share) special dividend for the financial year to end-June, thereby doubling its annual distribution to shareholders to A$0.50/share, compared with a year earlier.

Miningmag | August 15, 2011 | 5:50 pm

Anvil Mining expects full production by end of year

Anvil Mining Ltd expects to reach design capacity of 5,000t/month of copper cathode production in the December quarter this year. In the June-quarter results announcement the company said the Kinsevere Stage II SX-EW plant in the Democratic Republic of the Congo (DRC) was “essentially complete” having produced 2,023t and 3,173t in June and July, respectively.

Miningmag | August 15, 2011 | 5:50 pm

Stockpile: Gold companies take advantage of improving market

Mining companies on London’s main market showed improvement this week to recover some of the significant losses that have hampered global stocks during August.

Miningmag | August 13, 2011 | 12:50 pm

E and Y: Mining at risk

Resource nationalism is the greatest business risk faced by mining and metals companies around the world. This is the key finding in the latest 'Business Risks' report from Ernst & Young.

Miningmag | August 13, 2011 | 12:50 pm

Peru, Chile name new mines ministers

The President of Chile, Sebastian Pinera has split the mining and energy ministry into two, replacing Laurence Golborne with Hernan de Solminihac and Fernando Echeverria, respectively, in the two posts.

Miningmag | July 22, 2011 | 8:02 pm