Blackstone Minerals Ltd. said Aug. 6 that it entered into a binding option deal with Golden Pacific Resources Ltd. to divest its noncore Red Gate project in Western Australia for A$1 million. The...
Cardinal Resources Ltd. said July 31 that it executed a term sheet with Sprott Private Resource Lending (Collector) LP for a US$25 million senior secured credit facility. The facility has a...
The Philippines lifted a two-year moratorium on approving mining exploration permits but kept a ban on new mining operations in place, Reuters reported July 31. The move to end the moratorium on...
Starting January, the London Metals Exchange will require all companies that source at least 25% cobalt from mines in the Democratic Republic of the Congo to undergo a professional audit...
Glencore PLC expects tax payments to the Democratic Republic of the Congo to be significantly higher in the future, compared to its 2017 payments totaling US$308.1 million. The company said in...
The Mongolian parliament approved the sale of up to 30% of the Tavan Tolgoi coal property through a partial IPO of state-owned Erdenes Tavan Tolgoi LLC, Bloomberg News reported June 29. The legislation instructed Prime...
Talga Resources Ltd. said June 28 that it received binding commitments from institutional investors for a placement to raise approximately A$8.5 million. The company, which said its cash balance will increase...
Nevada Copper Corp. filed a preliminary prospectus for approximately US$80 million to advance its preproduction-stage Pumpkin Hollow property in Nevada. The company said June 28 that the public offering is expected to be...
Kincora Copper Ltd. said June 25 that LIM Asia Special Situations Master Fund Ltd. became a new cornerstone investor after acquiring a 28.7% interest in Kincora, which had been held by...
China's Zhejiang Yongjin Metal Technology Co. Ltd. plans to invest 1.81 billion Chinese yuan to build a precision stainless steel processing project in Yangjiang city in the country's Guangdong province, Reuters reported...
