The company will use the symbol GEM, the same it had before taken private by Pallinghurst Resources.

Last updated in 2003, the fresh set of principles respond to increased pressure for miners to carry out socially-responsible investments and operations.

The fertilizer company evaluated over the past week a plan to raise $680 million put forward by a consortium of financial investors, but talks didn’t go anywhere.

The company said the licence underscored the country’s new commitment to developing its exploration and mining sector.

If permitted, the $100 billion copper-gold Alaska project would be North America’s largest mine.

The company is buying AngloGold's Mponeng mine and surface assets in a $300 million deal.

The miner will pay a dividend of 7 cents a share, up from 5 cents in the previous quarter.

Rupert Resources is developing the Pahtavaara gold project, located 50 km from the Canadian company’s Kittila mine.

The partners had been hoping to secure a mining lease for the $5.4bn Wafi-Golpu deposit early last year, but new administration brought delays in the permitting process.

The deal gives Shanta its first asset outside Tanzania.