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Zimbabwe: Mine Targets 400kg Of Gold Monthly

[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.
Read by 30% of LPs December 05, 2016

Trian's Peltz Started Building New Stake In Undisclosed Company

"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...
Read by 31% of LPs August 29, 2016

African Governments Need Reforms in the Oil and Gas Industry to Attract Investors

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). 
Read by 59% of LPs August 10, 2016

OZ Minerals' Profits Drop In Wake Of Shareholder Scandal

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. 
Read by 70% of LPs August 08, 2016

Eurasian Minerals Sells The Akarca Gold-Silver Property In Turkey

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.
Read by 76% of LPs August 05, 2016

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
Read by 32% of LPs August 05, 2016

Arena Minerals Closes Agreement On Sale Of Chilean Gold Project

<strong style="line-height: 1.6;">Arena Minerals Inc., (TSX VENTURE:AN)</strong><span style="line-height: 1.6;">&nbsp;(the &quot;</span><strong style="line-height: 1.6;">Company</strong><span style="line-height: 1.6;">&quot;) is pleased to announce that it has closed its previously announced transaction with Rouge Resources Ltd.</span>
Read by 46% of LPs August 01, 2016

Gold’s $50B M&A Spree Builds As Rally Boosts Values

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.
Read by 34% of LPs July 26, 2016

Is Nevada Going To Be The Center Of A Lithium Boom?

Ever since Tesla announced plans to build a battery plant in Nevada, investors have started paying attention to the silver state&#39;s lithium deposits.
Read by 60% of LPs July 20, 2016

Metal X To Takeover Australia's Aditya Birla Minerals

Aluminium maker Hindalco today said Reserve Bank of India (RBI) has approved Australian miner Metal X&#39;s improved takeover offer for its subsidiary Aditya Birla Minerals Ltd (ABML).&nbsp;
Read by 53% of LPs