Finance & business

Ausgold Limited signs a binding option agreement with Great Boulder Resources regarding its Yamarna project in Western Australia.

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.

The report concludes that the 2018 financial year was ‘challenging’ for the industry.

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.

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.

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.

On Monday this week, Barrick Gold Corporation’s Executive Chairman doubled his shareholding in the company, purchasing over 2 million additional common shares.

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.

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.

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 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 the United Steelworkers enter a tentative agreement for a new four year labour contract for workers in mines in Michigan and Minnesota.

Glen Eagle Resources Inc. signs a cooperation agreement with Inception Mining, Inc.

FAMUR Group has demonstrated dynamic growth following a strong performance in 1H18.

Komatsu Ltd announces its plans to open a new headquarters in Milwaukee, which is to be completed in 2022.