Fortescue secures $1.5bn for expansion

The company said Wednesday it has raised $1.5 billion worth of senior unsecured notes which will pay 8.25% per annum, to help fund its infrastructure expansion. (Reuters) - Fortescue Metals Group, Australia's No. 3 iron ore producer, said on Wednesday it

Mineweb | October 26, 2011 | 8:10 am

Significant Federal Government milestone achieved for Lincoln Minerals’ proposed Gum Flat iron ore mine on SA’s Eyre Peninsula

Lincoln Minerals Limited (ASX Code: LML) is pleased to advise that it has recently received the decision from the Commonwealth Department of Sustainability, Environment, Water, Population and Communities that the Company's proposed mine or quarry at its

Mineweb | October 25, 2011 | 9:46 pm

NSL Consolidated Queensland coal project moves towards formal grant

Highlights Queensland Government advises of proposed granting of exploration permit for the first of NSL's four thermal coal tenements Native Title discussions continue across all four EPCA's. All environmental authorities now granted by Department of

Mineweb | October 25, 2011 | 9:46 pm

Finders Resources announces Interim Funding for Capital Equipment, Wetar Copper Project

Finders Resources Limited (ASX: FND) ("Finders") announces that two of its major shareholders Taurus Funds Management ("Taurus") and Resource Capital Funds ("RCF") have agreed to provide a loan of up to $8 million to Finders. The funds will be used for

Mineweb | October 25, 2011 | 9:46 pm

Ghana should increase mining tax to gain revenues – IMF

The International Monetary Fund says Ghana stands more to gain should it choose to explore ways of taxing its mining sector to generate revenues. ACCRA (Reuters) - Ghana, Africa's second biggest gold producer, should look at options to increase tax

Mineweb | October 25, 2011 | 2:51 pm

Russia’s Polyus Gold delays FTSE 100 listing

The company, controlled by billionaires Mikhail Prokhorov and Suleiman Kerimov, has decided to put its plans to secure a possible entry to the FTSE 100 on hold after failing to gain the support of the Russian government. MOSCOW (Reuters) - Russian gold

Mineweb | October 25, 2011 | 2:51 pm

Gartman contemplating gold buy back

In his latest newsletter the much-followed independent investor, said that he is prepared to buy back the gold he sold last week because the yellow metal has returned to those levels and would likely move higher (Reuters) - Independent investor Dennis

Mineweb | October 25, 2011 | 11:39 am

BlackRock sees opportunities in “oversold” mining equities

The asset manager sees big opportunities in oversold mining equities, as "valuations are at very low levels" and predicts the recent fall in iron ore prices could lead to drop in supply and, later, to a rebound in prices. BlackRock Inc, the world's

Mineweb | October 25, 2011 | 8:27 am

High prices could see Indian gold imports fall as much as 30% this month

According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports by India, the world's largest bullion consumer, may decline by as much as 30

Mineweb | October 25, 2011 | 6:47 am

Great Basin sold 27% less gold in Q3

The miner reported Monday that it sold 27% less gold sequentially in the third quarter from its Hollister and Burnstone properties in Nevada and South Africa respectively. (Reuters) - Great Basin Gold Ltd sold 27 percent less gold sequentially in the

Mineweb | October 24, 2011 | 4:37 pm

Dynacor plans 2nd Peru gold-ore processing plant

The company will start building its second gold-ore processing mill in Peru next year and expects the facility to produce about 60,000 gold ounces a year. (Reuters) - Canada's Dynacor Gold Mines Inc will build its second gold-ore processing facility in

Mineweb | October 24, 2011 | 2:59 pm

Aquila Resources – Washpool Hard Coking Coal Project Rail Transport Agreement

Aquila Resources Limited (ASX:AQA "the Company" or "Aquila") is pleased to announce that its wholly owned subsidiary, Washpool Coal Pty Ltd ("Washpool") has signed a Rail Transportation Agreement with QR National. This is a 10 year contract for the

Mineweb | October 24, 2011 | 1:51 pm

• First
• 44
• 45
• 46
• 47
• 48
• 49
• 50
• Last