ACHEMA MIDDLE EAST

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...

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...

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.                              ...

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...

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...

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.                ...

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").                        ...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Must read

Translate »