Market Reports

Goldcorp Announces Sale of Los Filos Mine

Goldcorp Inc announced that the Company has entered into a share purchase agreement with Leagold Mining Corporation , pursuant to which it has agreed to sell its Los Filos Mine in Mexico to Leagold.Under the terms of the Agreement,...

Goldcorp Announces Sale of Cerro Blanco Project and Provides Marlin Mine Update

Goldcorp Inc announced that the Company has entered into an agreement  pursuant to which it has agreed to sell its 100% interest in the Cerro Blanco gold-silver project, located in Guatemala, to Bluestone Resources Inc.  Goldcorp will receive consideration...

Glencore reaches agreement to sell GRail coal haulage business

Glencore has reached agreement with Genesee & Wyoming Australia to sell its Glencore Rail coal haulage business in the New South Wales Hunter Valley for A$1.14 billion.                                                                   The closure of the transaction is subject to FIRB approval. Peter...

Glencore to sell Australian coal haulage business to GWA for $866m

Glencore is to sell its Glencore Rail (GRail) coal haulage business in the New South Wales Hunter Valley to Genesee & Wyoming Australia (GWA) for A$1.14bn ($866m).                                                                                        The company’s latest move forms another part of its debt reduction...

Rio Tinto releases third quarter production results

Rio Tinto chief executive J-S Jacques said “We have delivered strong quarterly production, underpinned by improving operational performance across our Tier 1 portfolio.                                                            Output from our iron ore and bauxite assets reflects the drive for productivity and operational excellence.With...

Fortescue acquires 75% of Nullagine Joint Venture Interest Fortescue

Metals Group wishes to advise that it has agreed to acquire BC Iron’s 75 per cent interest in the Nullagine Joint Venture for A$1.00. Fortescue will assess the viability of restarting operations having regard to ongoing market conditions.The acquisition...

Anglo American receives cash proceeds of $1.7 billion for the completed sale of Niobium and Phosphates Businesses

Anglo American plc announces the completion of the sale of its Niobium and Phosphates businesses in Brazil to China Molybdenum Co. Ltd, following the agreement announced on 28 April 2016. The economic benefits of the businesses will transfer to...

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