Greenland-focused Greenroc Mining IPOs on the AIM
GreenRoc issues 111.2 million shares at 10p each and expects a market capitalization of £11.1 million upon AIM admission.
Latest Stories
Coal prices are booming but US miners struggle to boost output
A labor shortage and reluctance to open new mines has left US coal companies struggling to keep up with surging global demand.
Coal shortage deepens in India amid plunging plant inventories
Stockpiles have fallen to the lowest since November 2017, data from the Central Electricity Authority showed.
Dynasty Gold exercises option on Teck’s Thundercloud project
Potential discoveries for Thundercloud include bulk-tonnage orogenic gold mineralization or high-grade deposits.
Appian Capital in talks to sell Atlantic Nickel for $1bn
Teck Resources has been cited as one of the likely buyers for the Santa Rita open pit nickel-cobalt mine.
Iron ore price up despite Chinese power curbs
China’s massive industrial base has been wrestling with sporadic jumps in power prices and usage curbs since March.
Hudbay reaches agreement with unions in Manitoba
Hudbay has now completed the collective bargaining process with all of its unions in Manitoba.
China to auction another 150,000 tonnes of state metal reserves on Oct 9
In the fourth round of metal auctions this year, the administration will sell off 30,000 tonnes of copper, 50,000 tonnes of zinc and 70,000 tonnes of aluminum.
Nickel price tumbles on China’s power crunch
Residents in several northern provinces have already been dealing with blackouts, while traffic lights are being turned off.