Finance & business

According to GlobalData’s deals database, M&A deals in the metals and mining industry totalled US$6.98 billion in 3Q19.

Perseus Mining has awarded a mining services contract for its Yaouré Mine to EPSA.

Erris Resources has signed an agreement with GreenOre Gold for the option to acquire 80% of its Scottish gold project.

Kalium Lakes Limited has announced that it has reached financial close and is now able to proceed with first drawdown on its project debt facilities underpinning the ongoing development of its Beyondie Sulphate of Potash Project.

Jiangxi Copper has announced that it will purchase the entire equity interest in PIM Cupric Holdings Limited.

Thriveni Earthmovers Private Limited, through its joint venture TSMPL operates India's largest energy conglomerate NTPC’s Pakri Barwadih coal mining project in Jharkhand, India.

Zijin Mining are set to acquire Continental Gold for CAN$1.4 billion.

U.S. Gold Corp has announced the addition of two members to its newly established advisory board.

The company’s CEO has released a statement.

NQ’s Hellyer Mine (Australia) has achieved record profits and production for November.

Canadian mining company Mandalay Resources owns and operates the Costerfield gold-antimony project southeast of Bendigo in regional Victoria, Australia.

Europe’s metals and mining industry saw a rise of 6.5% in overall deal activity in 3Q19, according to GlobalData’s deals database.

KraftPowercon, Sweden has announced the acquisition of 100% ownership of US-based MET.

The company’s US$1.5 billion investment over the next 6 years will extend operations at the Kennecott copper mine (USA) until 2032.

46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies.