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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...

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 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...

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...

ALROSA Earns $21.8 Million at Special Diamond Auction

According to a press release, ALROSA, the worldโ€™s 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...

Tata Steelโ€™s 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....

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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