Finance & business

Volt Resources Ltd is to proceed with US$40 million in structured debt financing.

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 William Hensley to the company’s Board of Directors.

Australian Mines Ltd acquires 100% of the Sconi Cobalt-Nickel-Scandium Project.

Weatherly enters into a binding agreement to purchase 100% of the Kitumba copper project in Zambia from Intrepid Mines.

Bea Mountain Mining Corp. enters into further heavy mining equipment agreements with Mapa Insaatve Ticaret A.S. (Mapa).

Pershing Gold Corp. signs US$6.8 million underwriting agreement.

BBI Group announces that its Railway Agreement 2017 has formally become an Act of Parliament of Western Australia.

Silver Viper Minerals Corp. appoints Alex Peter Tsakumis as Vice President of Corporate Development.

Gill Marcus has been appointed as an Independent Non-Executive Director of Glencore.

Explorator Limitada, subsidiary of Xtract Resources Plc, secures enhanced terms for the western portion of the alluvial concession under the existing June mining contractor agreement.

Tanga Resources enters into binding option agreement to acquire 100% of the issues shares of Coldstone Investments to earn in on the Joumbira zinc project in Namibia.

Alight Mining Solutions appoints Mining Industry Executive Jeff Bryant, as Vice President of Professional Services.

Barrick acquires shares in Reunion Gold Corp. in a non-brokered private placement.

DRA, a global engineering and project delivery company, appoints Christo Visser to its team in the Asia-Pacific Region.