Finance & business

Kataro Gold Limited has acquired Kibo Nickel Limited’s subsidiary Kibo Nickel Ltd as part of a £200 000 sale.

Proceeds from the placement will be used principally to finalise the bankable feasibility study on the company’s Prieska Zinc-Copper Project in South Africa.

Centerra Gold Inc. (Centerra) enters an agreement with the Government of the Kyrgyz Republic to further extend the first longstop date under the Strategic Agreement for Environmental Protection and Investment Promotion.

Gold Fields Limited and Asanko Gold obtain Ghanaian government approval for the closure of their joint venture transaction.

Austmine has announced Accenture as a new industry leader as part of the organisations METS sector membership.

Minerals Council South Africa has launched its second module of the mining for schools initiative.

Mining royalties played a vital role in helping states meet growing demands for infrastructure and services.

The sale of the copper mine in Chile’s Atacama desert is expected to close during 4Q18.

Metro Mining participates in a bookbuild process to raise AUS$17.5 million.

Atlas Iron has provided MinRes with a deadline to match the Hancock takeover bid.

“Royalties from the mining sector have been revised up by AUS$813 million, and will deliver a record AUS$1.8 billion in this year alone, and another record AUS$2 billion next year to help fund improved services across the state.”

Shareholders of Erdene Resources Development Corporation vote in favour of all aspects of business brought forward at the company’s AGM.

The company is aiming to develop greater flexibility across its system of mines, rails and ports in Western Australia through the application of automation and other initiatives.

The company has agreed with Anglo American to acquire a further 21.9% equity interest in the mine, increasing its total interest to 40%.

According to a recent report by the Chartered Professional Accountants of British Columbia (CPABC), the revival of the mining industry in Cariboo (Canada) is to help offset the effects of wildfires in the region.