CAN$4.1 million non-brokered private placement for IDM Mining
IDM Mining Ltd reports a non-brokered private placement of up to CAN$4.1 million.
Finance & business
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JSW announced shorter terms of payment
JSW has shortened the term of payment by 30 days as a means of improving the liquidity position of its suppliers and obtaining better pricing in tender procedures.
Pacton Gold to acquire mining licenses for two Pilbara projects
Pacton Gold Inc. purchases exploration licenses and mining leases for two prospects in the Pilbara region of Western Australia.
BHP notes Samarco compensation programmes
The agreement outlines the process and principles for the negotiation and implementation by the Renova Foundation of the formal compensation programme for impacted people in Mariana.
Gatling Exploration secures conditional listing approval from TSX Venture Exchange
Gatling Exploration, Inc. receives conditional approval of the listing of its common shares on the TSX Venture Exchange.
Essential to attract and engage next generation of leaders for mining industry, says AusIMM
A larger emphasis must be placed on attracting and engaging the next generation of leaders, as research shows students are impacted by a distinct lack of knowledge about the mining industry and the opportunities available in the sector.
Ausgold signs binding option agreement for Yamarna project
Ausgold Limited signs a binding option agreement with Great Boulder Resources regarding its Yamarna project in Western Australia.
US Department of Labor Mine Safety and Health Administration awards state grants
The US Department of Labor’s Mine Safety and Health Administration (MSHA) has awarded US$10.5 million in grant funding to support safety and health courses, and other programmes.
PwC releases report on performance of South Africa’s mining industry
The report concludes that the 2018 financial year was ‘challenging’ for the industry.
Euro Manganese completes initial public offering on TSX-V and ASX
Euro Manganese Inc. has completed its IPO for dual listing in Canada and Australia. The company has also commenced trading on the TSX-Venture and Australia Securities Exchange.
Port Hedland sends off first shipment of Pilgangoora concentrate
Yesterday, Pilbara Minerals Limited saw its first shipment of spodumene concentrate from its Pilgangoora project depart from Port Hedland toward the company’s offtake partners in north Asia.
UK mining and quarrying industry receives highest average payment per R&D Tax Credit claim
New statistics have revealed that the UK mining and quarrying industry has benefitted by £75 million from the UK Government’s R&D Tax Credit fund.
Barrick Gold Executive Chairman doubles his shareholding in company
On Monday this week, Barrick Gold Corporation’s Executive Chairman doubled his shareholding in the company, purchasing over 2 million additional common shares.
Avocet reports financial and operational results for 1H18
Avocet Mining PLC has shared its unaudited financial and operational results for the first half of 2018, with a key highlight being the continued pursuit for the refinancing and restructuring of the Group, which still carries a significant debt burden.
Teck Resources to release 3Q18 results on 25 October
The company will hold an investor conference call to discuss the 3Q18 earnings results at 11:00 am Eastern time/ 8:00 am Pacific time on 25 October.