Eastern Goldfields suspends Davyhurst mining operations
The company has temporarily suspended operations at Davyhurst gold mine in an attempt to mitigate spending.
Finance & business
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Northern Star Resources completes institutional placement
The proceeds of the placement will be used to help fund the company’s acquisition of the Pogo underground gold mine in Alaska, US.
Monarques suspends production at Beaufor
The decision to suspend has been attributed to the low grades of the ore mined at Beaufor in recent quarters, combined with the persistent weakness in the price of gold and difficulties recruiting qualified manpower in the region.
Rio Tinto’s Amrun project spends over AUS$1.5 billion with Queensland companies
The soon-to-be competed bauxite project has been built using local companies with over AUS$1.5 billion worth of contracts awarded to Queensland suppliers.
Kalium Lakes obtains mining proposal approval for Beyondie SOP Project
Kalium Lakes Limited (KLL) receives approval by the Department of Mines, Industry Regulation and Safety for its Beyondie Sulphate of Potash Project.
Strong minerals industry is good for Victoria and all Victorians
The minerals industry is a significant contributor to the Victorian economy, employing 121 000 people and making a total direct and indirect contribution to the state in 2015/16 of AUS$13.6 billion
Cleveland-Cliffs finalises sale of Asia Pacific iron ore assets
Cleveland-Cliffs Inc. completes the sale of its Asia Pacific iron ore assets to Mineral Resources Limited.
OSMRE reveals 2018 Abandoned Mine Land Reclamation Awards winners
The 2018 award winning projects represent the USA’s highest achievements in abandoned mine land reclamation.
Global opencast mining truck market expected to grow to 2020
Asia Pacific will spearhead the global opencast mining trucks market growth to 2020, says GlobalData.
Centerra Gold extends first Longstop Date under Strategic Agreement with Government of Kyrgyz Republic
Centerra Gold has agreed to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion with the Government of the Kyrgyz Republic.
Hexagon’s Mining division to extend its reach to China
The Mining division’s foray into China follows the launch of its Channel Partner Program earlier this month.
Meridian Mining receives new loan agreement
Meridian Mining SE has entered into a new loan agreement with Sentient Global Resources Funds IV LP (‘Lender’), pursuant to which the Lender made available to the company a credit facility of US$1 500 000 to fund the company's manganese operations in Brazil and general working capital.
Oversubscribed placement sees Gascoyne aim to raise AUS$19 million
Gascoyne Resources Ltd is to raise AUS$19 million in an oversubscribed placement.
Hexagon adds resellers and agents to mining division’s channel programme
Resellers Trysome and Prominas and agents Northern Survey Supply and Indutronica have joined the Channel Partner Program.