Finance & business

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.

Group Chief Financial Officer, Lars Vestergaard, and the FLSmidth Board of Directors have agreed that Lars Vestergaard will step down and leave FLSmidth effective immediately.

KORE Mining Ltd. has announced that Newmont Goldcorp Corporation has agreed to accept common shares of KORE in settlement of a future US$1 million payment to Newmont Goldcorp.

Cummins Inc. has announced its next environmental sustainability strategy, which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climate change.

Rio Tinto has approved a US$749 million investment in its existing Greater Tom Price operations to help sustain the production capacity of its world-class iron ore business in the Pilbara of Western Australia.

Bacanora Lithium plc has raised £7 729 150 (approximately US$10 million) via the placing of 30 916 601 new ordinary shares in the company with one of its long standing cornerstone shareholders, M&G Plc.

Kodal Minerals has advised that the Environmental and Social Impact Assessment (‘ESIA’) application for the Bougouni Lithium Project has been approved.