GOLD
IAMGOLD completes Merrex Gold acquisition
Canadian company IAMGOLD Corporation has completed the purchase of a 100% interest in Merrex Gold, making it a fully owned subsidiary. Under this transaction, IAMGOLD purchased all issued and outstanding common shares of Merrex Gold it did not already...
GOLD
Renaissance Gold to begin drilling at Arabia project, Nevada
Renaissance Gold has revealed plans to start drilling in the second week of March on the Arabia project in Pershing County, Nevada, US. Drilling will be funded by Coeur Mining under an earn-in agreement. This agreement enables Coeur to...
IRON ORE AND MANGANESE
Iron Ore Company of Canada to advance Wabush 3 project
Rio Tinto subsidiary Iron Ore Company of Canada (IOC) has announced its plans to proceed with the Wabush 3 project after securing approval for a C$79m ($60.33m) investment. IOC plans to develop the new pit Wabush 3, which is...
IRON ORE AND MANGANESE
Nucor Acquires the Assets of Omega Joist
Nucor Corporation announced that it has acquired the assets of Omega Joist, a subsidiary of Samuel, Son & Co., Limited. Omega Joist produces open web steel joists at its manufacturing facility located in Nisku, Alberta, and also has sales...
DIAMONDS
ALROSA Earns $21.8 Million at Special Diamond Auction
According to a press release, ALROSA, the worldโs largest diamond producer by volume, reported the results of the international diamond auction, which took place in the Sixth International Diamond Week in Israel (IDWI), offering for sale special-size natural rough...
STEEL
Tata Steelโs First Greenfield Ferro-Chrome Plant in India at Gopalpur Starts Production
The recently commissioned ferro-chrome plant of Tata Steel at Gopalpur Industrial Park in Ganjam district of Odisha, has achieved a major milestone with the first ever production of ferro-chrome on February 25, 2017, with compliance to all technical parameters....
GOLD
Acacia announces maiden high-grade resource at West Kenya project
Acacia Mining has announced an initial NI 43-101 compliant inferred mineral resource estimate of 1.31 million ounces of gold at 12.1g/t on the Liranda Corridor within its West Kenya project. The project is primarily located on three main zones of...
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