Market Reports
Freeport closes stake sale in morenci mine for $1 billion
Freeport-McMoRan Inc announced that it has completed its previously announced sale of a 13 percent interest in its Morenci unincorporated joint venture to Sumitomo Metal Mining Co. Ltd. (SMM) for cash consideration of $1.0 billion. The transaction has an...
Market Reports
ALROSA reports Q1 2016 IFRS results
ALROSA’s Q1 2016 revenue totaled RUB 102.3 bn, which is an increase of 37% y-o-y. This growth was associated with a favorable diamond market environment that contributed to an increase in diamond sales by 34% in Q1 2016 vs...
Market Reports
First Quantum Minerals announces new $1.82 bln credit facility
First Quantum Minerals Ltd. announced that it has completed a new Term Loan and Revolving Credit Facility (the "Facility") with its core relationship banks. ...
Market Reports
Anglo American De Beers Rough Diamond Sales For Cycle 4, 2016
Anglo American plc announces the value of rough diamond sales for De Beers’ fourth sales cycle of 2016, amounting to $630 million, compared with the $666 million value of the third sales cycle of 2016. (1) Cycle 4...
Market Reports
Peabody Energy sells Australian coal acreage to Pembroke Resources
Peabody Energy announced that several of its Australian subsidiaries have entered into sale and purchase agreements with Australia-based Pembroke Resources. A...
Market Reports
BHP Billiton not waiting on price recovery, outlines value-add strategy
BHP Billiton Chief Executive Andrew Mackenzie outlined a strategy focused on value creation and growing cash returns to shareholders, Mr Mackenzie said BHP Billiton can create value in all market conditions. ...
Market Reports
Silver Standard acquires Claude Resources
Silver Standard Resources Inc and Claude Resources Inc are pleased to announce the receipt of the required shareholder approvals for the previously announced Plan of Arrangement ("Arrangement"). ...
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