Torex Gold announces $125 million bought deal
The company completed a $380 million equity financing in October 2012 and signed an engagement letter for a $250.
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China’s leading nuclear utility buys 25% stake in Paladin’s Namibia uranium mine
The Australian miner has been eager to find a partner for some time now.
Report: China may use influence to soften Indonesia’s nickel ore ban
The reaction of the nickel price has been subdued and a new report suggests China may enter the political fray in Indonesia to protect its steel industry.
Randgold jumps on strong performance at Kibali
After its first quarter of operation, the $1.7 billion project in the DRC is now expected to meet its forecast of 550,000 ounces for the current year.
Giant copper miner Codelco needs at least $1bn, hopes for new President to hand it over—report
The company needs a cash injection to counter declining ore grades at its aging mines, as well as increasing costs vs low copper prices.
The Fed only gave Germany back 5 tonnes of gold in over a year
The Bundesbank's plans to repatriate half of its 2,343 tonnes of gold reserves held overseas, is off to a very slow start.
Osisko officially declines Goldcorp’s offer, urges shareholders to do the same
Calls Goldcorp's offer 'opportunistic' and 'financially inadequate.'
De Beers not ruling out expansion of its Victor diamond mine in Canada
The process, which will include public consultation, could allow the firm to open the so-called “Tango Extension” in 2018.
Philippi-Hagenbuch Licenses Rear Eject Body Technology to CeDe Group of Sweden
PHIL is licensing its Rear Eject Technology for use in off-highway body applications within the construction and mining sectors to CeDe for use in Europe, the Middle East, Africa, and Australia.
