Finance & business

Jaguar Mining has announced that the company has entered into a short-term senior secured bridge facility with Auramet International LLC.

The Supervisory Board of Rolls-Royce Power Systems has extended its contracts with Power Systems directors.

Chaarat has signed a binding term sheet to enter into a joint venture with Çiftay Insaat Tahhüt ve Ticaret A.S., the Turkish mining and mine construction contractor, to collaborate on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.

Imperial Metals Corp. obtains extensions regarding the maturity date of a number of its credit facilities.

Vista Gold Corp has increased the size of its Board of Directors from six to seven.

Maptek and PETRA Data Science have entered a partnership which will enable value chain optimisation and simulation from resource models through to metal produced.

The Coal Authority has predicted it will make significant cost savings following its investment in new pump technology.

Vale has received a recommendation from the Federal Attorney’s Office, the Public Prosecution Office of Minas Gerais, the Federal Police and the Civil Police of Minas Gerais (Task Force) a recommendation to remove some employees from office and to specifically forbid other employees from performing dam safety monitoring and/or risk management activities.

Goldcorp Inc.’s Chairman will not be joining the Newmont Goldcorp Board of Directors upon completion of the proposed Newmont Goldcorp acquisition.

Northern Dynasty Minerals has entered into an agreement as of Tuesday this week with Cantor Fitzgerald Canada Corporation and a syndicate of underwriters to purchase some of the company’s common shares to raise US$10 million for Pebble project development.

Energy Fuels Inc. has reported its financial results for the year ended 31 December 2018.

Goldcorp Inc. has advised of an illegal work stoppage by the AOMA mining union at the Cerro Negro mine.

Goldcorp announces its support for a joint venture between Barrick Gold Corporation and Newmont Mining Corporation.

Coronado Resources is to increase its loan to Skyrun Technology Corp. by CAN$80 000 in support of its acquisition of the company.

In 2018, Australia’s mineral exploration expenditure totalled US$2.2 billion, with gold attracting most of this investment.