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.
Finance & business
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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.
AUS$1.55 billion investment to sustain production capacity at two Robe River projects
Rio Tinto and its joint venture partners, Mitsui and Nippon Steel & Sumitomo Metal, approve a AUS$1.55 billion investment to maintain production capacity at two of their Robe River projects.
MSHA announces recipients of 2018 Brookwood-Sago grants
MSHA has donated to four organisations for training programmes that support the recognition and prevention of safety and health hazards in underground mines.
Cleveland-Cliffs and United Steelworkers agree on new labour contract
Cleveland-Cliffs and the United Steelworkers enter a tentative agreement for a new four year labour contract for workers in mines in Michigan and Minnesota.
Glen Eagle and Inception Mining join forces to better serve mutual interests
Glen Eagle Resources Inc. signs a cooperation agreement with Inception Mining, Inc.
Strong 1H18 provide solid foundation for FAMUR’s new growth strategy
FAMUR Group has demonstrated dynamic growth following a strong performance in 1H18.
Komatsu to open new headquarters in Milwaukee
Komatsu Ltd announces its plans to open a new headquarters in Milwaukee, which is to be completed in 2022.
Update: Glencore to as much as double size of current share repurchase programme
Glencore is to increase the size of its share buy-back programme by a further US$1 billion and is to extend the duration of its programme.
Kibo one step closer to a Special Mining License for Mbeya coal mine
Kibo Energy PLC’s Mbeya coal mine has been recommended by the Mining Commission of Tanzania for a Special Mining Licence.
Blackham Resources could obtain AUS$23 million through new investment agreement
Blackham Resources Limited enters an investment agreement with The Lind Partners worth up to AUS$23 million.
Thor receives ministerial approval for acquisition of tungsten, copper and vanadium interests in Bonya tenements
Thor Mining Plc obtains ministerial approval for tungsten, copper, and vanadium interests in the Bonya tenements in Australia.
NMA honours outstanding mine achievements
The National Mining Association has joined federal agencies in honouring outstanding achievements in mine safety, environmental stewardship and technology.