Sectors

Rockwell Diamonds Finalizes Sale of Remhoogte and Saxendrift Mines

As announced in December 2016, junior miner Rockwell Diamonds signed an agreement to sell "none-core assets" - the Remhoogte and Saxendrift mines - to Nelesco Proprietary 318 for US$3.48 million (ZAR45m); it has now been completed. The sale and...

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...

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...

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...

JPMorgan Chase propping up new coal plant in Poland

ENERGA Finance AB – the Baa1/BBB rated finance subsidiary of ENERGA S.A., the Polish state-owned utility – started a roadshow yesterday to convince investors that the bond issuance with which it is planning to raise a minimum of EUR...

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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