Private debt funds of $750 million sought for BHP mine bid
Stanmore Resources Ltd. is seeking to borrow a total of $1.1 billion for its acquisition of the Daunia coal mine.
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London-listed Rockfire to buy suspended Dubai gold refinery
The London-listed company said the deal is conditional on Emirates Gold being restored to the United Arab Emirates’s Good Delivery List.
Pará municipal chamber wants Vale to pay $82 million for gold “hidden in copper”
The CPI alleges the company did not declare how much gold and silver was extracted from the Salobo mine.
Mining People: Foran Mining, Marathon Gold, Snow Lake Resources, Troilus Gold, Vedanta
Key moves in the mining sector.
Manitoba declares itself Canada’s ‘critical metals Costco’
Manitoba has experienced one of its busiest summers for mineral exploration in decades.
First Majestic gets into the minting business
Its First Mint facility will allow the miner to sell a larger portion of its silver production directly to shareholders and customers.
Industrial CO2, dolomite used to produce construction materials
Korean researchers propose using industrial CO2 and dolomite to produce calcium formate and magnesium oxide.
Gold Fields cuts output targets in Chile on project delay
Miner also increased its total capital estimate for Salares Norte gold project by $20 million to slightly over $1 billion.
Rio Tinto IOC donates $3m to Cégep de Sept-Îles for research and training pavilion
The initiative is part of a collaboration between IOC and the local college through the RAIL Centre of Expertise.