ACHEMA MIDDLE EAST

Market Reports

Glencore announces refinancing and extension of its Revolving Credit Facilities

Glencore plc ("Glencore") is pleased to announce the refinancing and extension of its revolving credit facilities (the "Facilities") effective 24th May 2019. The short-term Facilities were initially launched at USD 8 billion and closed substantially oversubscribed, raising USD 10.55 billion,...

Nordgold to maintain capex at Burkina Faso mines at about $145m

Gold miner Nordgold will, this year, maintain its investment in its Burkina Faso mines at similar levels to the $145-million in capital expenditure (capex) invested during 2018. The company, which operates the Bissa, Bouly and Taparko mines in the country,...

Rio Tinto fully commissions $1.9bn Amrun bauxite mine in Australia

Mining giant Rio Tinto has completed commissioning of its 100% owned $A2.6bn ($1.9bn) Amrun bauxite mine in Queensland, Australia. The Amrun bauxite mine, which is located on the Wik-Waya traditional land in Cape York Peninsula, along with the plant...

Great Panther completes acquisition of Brazilian miner

It was a busy week for Canada's Great Panther. The Vancouver-based miner not only completed the buyout of Beadell Resources but it also changed its name to Great Panther Mining Limited. To be able to go ahead with these...

Global aluminium market to remain undersupplied over coming years

The global aluminium market will see a number of deficits over the next few years as solid demand growth, driven by the construction and autos sectors, outpaces production growth, a new aluminium supply and demand outlook by Fitch Solutions...

Excelsior Mining Closes US$75 Million Project Financing Package and Announces Construction Decision for the Gunnison Copper Project

Excelsior Mining Corp is pleased to announce that the Company has closed a US$75 million project financing package. The Financing has been provided by Triple Flag Mining Finance Bermuda Ltd.  , and consists of a US$65 million copper metal...

Denison Completes CAD$5 Million Bought Deal Private Placement of Flow-Through Shares

Denison Mines Corp. is pleased to announce that it has completed its previously announced private placement offering of common shares issued on a "flow-through" basis pursuant to the Income Tax Act. The Company issued 4,950,495 Flow-Through Shares, at a...

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