Finance & business

Jameson Resources has received a tax credit related to exploration work on its Dunlevy coal project in British Columbia.

Kibo Mining has signed a memorandum of understanding with GE with regards the Mbeya coal-to-power project in Tanzania.

Prairie mining, the developer of the Lublin coal project in Poland, has sold its stake in a zinc project in Western Australia to Marindi Metals.

With the backing of its Chinese partners, Oracle Coalfields continues to make progress towards financial close on its Thar coal support.

Tigers Realm Coal has updated its co-operation agreement with the Chukotka provincial government to develop its Amaam and Amaam North metallurgical coal projects.

Agrium Inc. and PotashCorp. have agreed to combine in a merger of equals to create a world-class integrated global supplier of crop inputs.

TerraCom has finalised two share placements, raising AUS$2.1 million to help fund the company’s expansion.

Kibo Mining has received the first payment of US$1.8 million from EPC contractor SEPCO III under a new agreement for the development of the Mbeya coal-to-power project.

Malabar Coal has completed the first component of an AUS$2 million entitlement offer, raising AUS$1.42 million from institutional investors.

Atrum Coal has entered into a joint exploration agreement with JOGMEC to explore the Panorama North anthracite project in British Columbia.

“The production standstills at the Werra potash plant had an adverse effect on our business,” said Norbert Steiner, Chairman of the Board of Executive Directors.

Pacific American Coal has appointed Hatch to complete a CAPEX study for the Elko metallurgical coal project.

Malabar Coal is aiming to raise AUS$2 million to fund development of its Spur Hill metallurgical coal project. It will also seek to delist from the ASX.

Kibo Mining signs new agreement with SEPCO III on the Mbeya coal to power project, securing cash payment and avoiding equity dilution.

Agrium Inc. has released its 2Q16 earnings, with net earnings attributable to equity holders of Agrium of US$564 million compared to US$674 million in 2Q15.