Lonmin cuts H1 loss and trims spending ahead of Sibanye merger
The proposed deal with Sibanye is conditional upon Lonmin retaining a positive cash balance by the time it is to close in the second half of the year.
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Glencore, Barrick expect prospecting licence for Tanzania nickel project
Tanzania is seeking a bigger slice of the pie from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.
Canadian explorer looking to restart Europe’s last tin mine to list in London
Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.
IDM Mining expects environmental permits for Red Mountain by Sept.
The company expects both the province and the federal government environmental decisions on the gold-silver project to be issued in the third quarter of the year.
China’s steelmaking raw materials extend gains on firm demand outlook
The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.
Thor Explorations aims to lead Nigeria’s new mining pack
Thor Explorations' Segilola project would be Nigeria's first large-scale gold mine, and it's expected to come online in early 2020.
Barrick signs 10-year gas supply deal to make Dominican mine greener
Converting the power plant that feeds the Pueblo Viejo mine from heavy fuel oil to natural gas is expected to reduce the operation’s average cost of sales and all-in sustaining costs by about $54 per ounce.
Argentina luring Australian investors into its mining sector
The Deputy Secretary for Sustainable Mining is scheduled to meet with executives from Australia's largest mining companies and banks.
Canadian company to reopen gold mine in Spain
Orvana Minerals’ subsidiary in Spain has plans to reopen the Carlés gold mine, located in the Salas municipality of the Principality of Asturias.
