[The Herald] Mash Central Bureau. : IN two years time, Shamva Gold Mine is targeting to produce 400kg of gold per month if it gets US$180 million from its parent company Kuvimba Mining House for the open-pit and processing plant operations. This comes as the critical mining sector has been growing in leaps and bounds, thanks to global demand of minerals as well as efforts of the Second Republic.
"We've started buying about two weeks ago. We of course can't announce it now. We've bought quite a bit of stock and we've got quite a bit more to buy," Peltz said. Peltz's firm often pushes for chan...
One of the key problems faced by organizations in the oil and gas industry is the issue of undetermined regulatory frameworks, according to PricewaterhouseCoopers (PwC).
Copper and gold producer OZ Minerals' half-year profit has fallen by 43 per cent amid lower prices and the costs associated with legal action against the company. The statutory result was pulled back by $25.5 million in legal costs associated with the settlement of a class action filed by former Zinifex shareholders who received shares in OZ Minerals following the merger between Oxiana and Zinifex in 2008.
Eurasian Minerals Inc. (TSX VENTURE:EMX)(NYSE MKT:EMXX) (the "Company" or "EMX") is pleased to announce the sale of AES Madencilik A.S., the wholly-owned EMX subsidiary that controls the Akarca gold-silver project (the "Property") in western Turkey, to Çiftay Insaat Taahhüt ve Ticaret A.S. ("Çiftay"), a privately owned Turkish company.
Horizonte Completes Acquisition Of Glencore Project To Create One Of Largest Nickel Saprolite Projects Globally
Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) ('Horizonte' or 'the Company') the nickel development company focused in Brazil, is pleased to announce the transfer to a wholly-owned subsidiary of the Company of the remaining two licences that make up the Glenco
<strong style="line-height: 1.6;">Arena Minerals Inc., (TSX VENTURE:AN)</strong><span style="line-height: 1.6;"> (the "</span><strong style="line-height: 1.6;">Company</strong><span style="line-height: 1.6;">") is pleased to announce that it has closed its previously announced transaction with Rouge Resources Ltd.</span>
A $50 billion gold-industry deals spree is extending into its third year, even as a surging bullion price makes sealing transactions and valuing mines more difficult. Gold has regained its luster as investors seek havens from volatile markets and weak interest rates. While the metal is up about a quarter this year, the value of mergers and acquisitions has soared. The average paid in 133 transactions in the three months to June was $64 an ounce of gold equivalent in the ground, up from $36 in the first quarter of 2016, as buyers factor in better long-term price expectations, according to Bloomberg Intelligence.
Ever since Tesla announced plans to build a battery plant in Nevada, investors have started paying attention to the silver state's lithium deposits.
Aluminium maker Hindalco today said Reserve Bank of India (RBI) has approved Australian miner Metal X's improved takeover offer for its subsidiary Aditya Birla Minerals Ltd (ABML).