Global gold production is edging higher as demand in the June quarter bounced back to levels seen last year following an increase in consumer investment, World Gold Council’s (WGC’s) latest trends report has revealed.
BHP has proposed a $C325 million ($351 million) takeover offer to Noront Resources following a previous bid by Andrew Forrest’s Wyloo Metals.
Decmil has signed a $20 million debt financing agreement and launched a $10 million equity placement to fortify itself as the company anticipates strong revenue from its contracts.
Evolution Mining has boosted its production targets after agreeing to buy Northern Star Resources’ Kundana assets in Western Australia for $400 million.
The market value of the world’s top 25 metals and mining companies has declined by 6.9 per cent in June after two straight months of increases, according to S&P Global Market Intelligence data.
NRW Holdings has secured an agreement to sell 38 mobile mining assets owned by subsidiary Golding Contractors to Boggabri Coal for $81 million.
Mako Gold has secured binding commitments to raise $10 million to charge an accelerated exploration program and growth strategy at the Napiè gold project in Côte d’Ivoire, West Africa.
Carpentaria Resources has raised $35.6 million to advance the bankable feasibility study for the Hawsons Iron project in New South Wales.
Mako Gold has increased its ownership of the Napiè gold project in Côte d’Ivoire, West Africa after signing an agreement to acquire Perseus Mining’s 39 per cent stake. Read more