Trek Mining secures US$85 million credit facility for the construction of the Aurizona Gold mine
Trek Mining finalises US$85 Million construction credit facility for the Aurizona Gold mine in Brazil.
Finance & business
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Approval of Blue Hills Mungada East Expansion Project to provide a boost to local economy
The CME predicts that governmental approval of Sinosteel’s Blue Hills Mungada East Expansion Project will support the local economy.
Merger to create Equinox Gold approved
NewCastle Gold and Anfield Gold shareholders approve merger with Trek Mining to create Equinox Gold.
JV Inkai restructuring to take effect as of 2018
The restructuring of JV Inkai has now closed and is expected to take effect on 1 January 2018.
New board directors for SSR Mining
SSR Mining Inc. appoints two new board directors.
Base Resources to acquire majority of Toliara sands project
Base Resources to acquire an initial 85% interest in the wholly owned Mauritian subsidiaries of World Titane.
Avesoro completes acquisition of Youga and Balogo mines
Avesoro Resources completes its acquisition of the Youga gold mine and Balogo gold mine from Avesoro Jersey Ltd.
Avocet agrees sale of its Burkina Faso assets
Avocet Mining plc enters an agreement to sell all of its Burkina Faso assets.
Acacia divests Burkina Faso asset for US$45 million
Acacia Mining sells non-core royalty over the Houndé mine in Burkina Faso to Sandstorm Gold for US$45 million.
Kingsrose Mining to resume trading on the ASX
Kingsrose Mining is to resume trading on the Australian Securities Exchange (ASX) today (18 December 2017) having successfully restructured its finances.
Bacanora Minerals Ltd enters strategic offtake agreement with NextView Capital
NextView Capital enters an agreement with Bacanora Minerals Ltd to acquire a 19.89% equity interest in the company.
Banyan Gold satisfies first year earn in commitments on Aurex McQuesten properties
Banyan Gold Corp. completes its first year earn-in exploration expenditure commitment on the Aurex and McQuesten properties.
Volt to proceed with US$40 million structured debt financing
Volt Resources Ltd is to proceed with US$40 million in structured debt financing.
First Cobalt signs CAN$25 million underwriting agreement
First Cobalt Corp enters an agreement with a syndicate of underwriters led by Canaccord Genuity Corp for a CAN$25 million bought deal private placement financing.
Trilogy Metals appoints Willie Hensley to the Board of Directors
Trilogy Metals appoints William Hensley to the company’s Board of Directors.