Posts by Business Wire Natural Resources News:

Tanzanian Royalty Awards Contract for Preliminary Economic Assessment of Surface Rubble Deposit at Kigosi Gold Project

Tanzanian Royalty Exploration Corporation is pleased to announce that it has entered into a contractual agreement withConsulmet Metals (Pty) Limited of South Africa to complete a Preliminary Economic Assessment (PEA) for a gravity recovery plant on its Kigosi Gold Project in the Lake Victoria Goldfields of Tanzania.
Business Wire Natural Resources News | February 3, 2012 | 4:49 pm

Westmoreland completes acquisition of Kemmerer Mine

Westmoreland Coal Company (NasdaqGM:WLB) today announced the completion of the acquisition of Chevron Mining Inc.’s Kemmerer coal mine in Lincoln County, Wyoming. Total consideration for the purchase of the Kemmerer mine included a cash payment of $76.5 million and the assumption of approximately $118.0 million in certain liabilities, including post retirement medical, pension, black lung, and asset retirement obligation liabilities.
Business Wire Natural Resources News | January 31, 2012 | 8:00 pm

Royal Gold Announces 4,000,000 Share Common Stock Offering

Royal Gold, Inc. (NASDAQ:RGLD)(TSX:RGL) announced today that it has agreed to sell 4.0 million common shares of Royal Gold to Goldman, Sachs & Co. in an underwritten at-the-market public offering. The last reported sale price of Royal Gold’s common stock on the NASDAQ Global Select Market on January 9, 2012 was $70.34 per share. The offering is expected to close on January 13, 2012, subject to customary closing conditions. Goldman, Sachs & Co. is acting as the sole underwriter for the offering.
Business Wire Natural Resources News | January 10, 2012 | 9:23 pm

Joy Global Inc. announces acquisition of controlling interest in China-based International Mining Machinery Holdings Limited

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE:JOY) ("Joy Global") a worldwide leader in high productivity mining solutions today announced that it completed the acquisition of approximately 41.1% of the outstanding common stock of International Mining Machinery Holdings Limited (HKSE:1683) ("IMM"), a leading designer and manufacturer of underground mining equipment in China.
Business Wire Natural Resources News | December 29, 2011 | 11:16 pm