Middle East
Southern Arc to raise funds
Southern Arc Minerals has negotiated the terms of a non-brokered private placement to raise up to C$1 million through the sale of up to 4.166 million units at a price of C$0.24 per unit. Proceeds of the financing will...
Middle East
China rings in 2016 with a stock market crash
Global stock markets fell Monday as worries over China's economy and instability in the Middle East combined to scare investors. Chinese bourses tumbled 6.9% in their opening session of 2016, its biggest decline on record for the first trading...
Middle East
Mining projects worth $56 billion to come on stream in Peru beginning 2016
Mining projects worth $56 billion to come on stream in PeruMMGโs gigantic Las Bambas mine is the largest China-backed mining projects scheduled to come on stream in Peru next year. Mining projects worth more than $56 billion are expected...
Middle East
RPM and Schneider seek joint opportunities
RungePincockMinarco (RPM) and Schneider Electric (Australia) have signed an agreement to jointly explore business opportunities in the mining industry. The companies will leverage existing customer and partner networks within the industry where they provide software and services. RPM logoRPM...
Middle East
Malaysian miner seeks Singapore listing
Malaysian gold mining company Anchor Resources, also called Angka Alamjaya Sdn Bhd (AASB), has lodged its preliminary offer document for an initial public offering (IPO) on the Catalist board of Singapore Exchange. Anchor is engaged in the business of...
Middle East
U.S. coal industry on board ‘slow-motion train wreck’โ report
U.S. coal industry on board 'slow-motion train wreck'โ reportMcKinsey and Co. warns the U.S. coal industry is not just facing overcapacity, but also crippling liabilities that will outlive mine closures. It's been a dreadful year for the coal industry,...
Middle East
LAWRIE WILLIAMS: India wonโt replace China as top resources consumer
Another day of excellent presentations from expert speakers at London' Mines & Money Conference. So much so that, as with the previous day, itโs difficult to pick out specific talks to write about in the time one has available....
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