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miningweekly.com 14 hours, 5 minutes ago

Odey To Vote In Favour Of Anglo American's Bid For Sirius

London-based hedge fund Odey Asset Management said it would vote against Anglo American's bid to acquire Sirius Minerals at the current offer price of 5.5p a share, saying the terms do not represent fair value. Odey, which recently became a shareholde...
Read by 51% of LPs

miningweekly.com February 13, 2020

Resources Watch

Urgent steps needed to revive South Africa's economy; Baxter discusses mining industry's electricity self-generation plan; and, Minerals Council South Africa lobbying strongly for junior miners.
Read by 63% of LPs

resourceworld.com February 07, 2020

Trans Mountain Pipeline Cost Rises To $12.6B - Resource World Magazine

The expected cost of the Trans Mountain pipeline expansion has jumped to $12.6 billion from...: The expected cost of the Trans Mountain pipeline expansion has jumped to $12.6 billion from the previous estimate of $7.4 billion. The new estimate, which includes the $1.1 billion already spent by the previous owner Kinder Morgan Canada, has been approved by Trans Mountain Corp., the entity that operates the pipeline on behalf of the Government of Canada. It said the money is needed to bring the expansion into service by 2022.
Read by 72% of LPs

miningweekly.com February 07, 2020

Minerals Council Supports Just Energy Transition, Jr Miners; Calls For Action To Revive Economy

The Investing in African Mining Indaba took place in Cape Town this week and Mining Weekly editor Martin Creamer was there for the headlines. Minerals Council South Africa gave its support for a just transition to cleaner energy in the face of climate ...
Read by 50% of LPs

miningweekly.com February 06, 2020

Video: Minerals Council No Longer Just The Voice Of The Mining Majors

The Minerals Council South Africa is no longer just the voice of the mining majors, Grant Mitchell, who heads up the council's Junior and Emerging Miners Desk pointed out in a briefing at the 2020 Investing in African Mining Indaba, this week. He highl...
Read by 48% of LPs

miningweekly.com February 03, 2020

Video: Minerals Council Chairperson Mgojo Talks About Electricity Self-generation

Minerals Council South Africa chairperson Mxolisi Mgojo on Monday told delegates and media attending the Investing in African Mining Indaba 2020, in Cape Town, that the council had been speaking to the National Energy Regulator of South Africa, the Dep...
Read by 79% of LPs

miningweekly.com February 03, 2020

Urgent Steps Needed To Revive South Africa's Economy - Minerals Council

Urgent steps are needed to revive the South African economy, Minerals Council South Africa chairperson Mxolisi Mgojo said on Monday. Speaking on the first day of the four-day Investing in African Mining Indaba, he said the Minerals Council was ready an...
Read by 52% of LPs

mining.com January 28, 2020

First Mining Brings In Aussie Partner At Pickle Crow

Auteco Minerals can earn up to an 80% interest in the Pickle Crow project. : Perth, Australia-based junior Auteco Minerals has signed a deal with First Mining Gold to earn up to an 80% interest in the Pickle Crow gold project in northwestern Ontario. Under the agreement, Auteco will spend C$10 million over five years on exploration, and issue cash payments totalling C$4.1 million as well as 125 million Auteco shares to First Mining. Pickle Crow is a historic, high-grade gold mine that produced nearly 1.5 million oz. of gold at grades of 16.14 g/t gold between 1935 and 1966.
Read by 60% of LPs

businesstoday.in January 08, 2020

Ficci Lauds Govt Decisions To Ease Coal Mining Rules, Sell Stake In Psus

FICCI said the Cabinet decision to promulgate Mineral Laws (Amendment) Ordinance 2020, will ease rules for auctioning coal mines to open up to all sectors and will allow auction of 46 iron ore and other mines before March 31, 2020.
Read by 44% of LPs

miningweekly.com January 06, 2020

Canada's First Quantum Weighs $1bn Zambian Copper Mine Expansion - Document

Canadian miner First Quantum Minerals is weighing investment of around $1-billion to lift output at Africa's biggest copper mine in Zambia, a company document seen by Reuters showed. The investment would add a decade of life and head off production dec...
Read by 63% of LPs