ACHEMA MIDDLE EAST

Sectors

Lucara Diamond Posts Record Sales in 2016: $295.5M at $824/Carat

Lucara Diamond Corp., which runs the Karowe Mine in Botswana and holds multiple exploration licences in the region, reports record earnings - and dividends - for the year 2016. Revenues increased 32% to $295.5 million from $223.8 million in...

Osisko Acquires Silver Stream on Taseko’s Gibraltar Copper Mine in Canada

Osisko Gold Royalties Ltd is pleased to announce that it has agreed to acquire a silver stream with reference to silver produced at the Gibraltar copper mine , located in British Columbia, Canada, from Gibraltar Mines Ltd.    ...

Iron ore from northern Sweden to U.S.-Mexican project

The company, a subsidiary of mining giant LKAB, will from February start shipping MagnaDence to a pipe coating facility in Altamira, Mexico. The iron ore product will form a key component in the 800 km long Sur De Texas-Tuxpan...

CuDeco awards Rocklands copper mining contract to Andy’s Earthmovers

Queensland-based copper producer CuDeco has awarded Andy’s Earthmovers the mining contract to resume Stage 1 of production at Australia's Rocklands Copper Mine.             Andy’s Earthmovers was given an initial Phase-1, six-month fixed-rate contract for...

Northam Platinum buys Eland mine from Glencore

Northam Platinum’s strategy of buying additional mines, as its strives to become a 1-million ounce a year platinum group metals producer, netted it Glencore’s Eland Platinum mine for R175m cash. As part of the agreement, Glencore will have exclusive...

Eramet revives Indonesia nickel project with Tsingshan partnership

France's Eramet announced a preliminary agreement with Chinese steelmaker Tsingshan Group to revive a nickel mining project in Indonesia that Eramet had frozen during a downturn in nickel markets. According to a memorandum of understanding signed by the two...

Copper Fox Announces Sampling Expands Copper-Molybdenum-Gold Mineralization at Mineral Mountain

Copper Fox Metals Inc. is pleased to report the final results of the 2016 rock sampling program on its 100% owned Mineral Mountain property, a Laramide age copper-molybdenum-gold project, located in central Arizona. Elmer B. Stewart, President and CEO...

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