Shares in two Australian miners surge on government loans
The Australian government will provide a combined A$585 million to Alpha HPA and Renascor Resources.
The Australian government will provide a combined A$585 million to Alpha HPA and Renascor Resources.
Aurous is also looking for mergers and acquisitions opportunities in South Africa, and the continent.
Larger copper, gold and molybdenum volumes boosted metals mining just over 17%, according to government statistics.
Orla said it had notified authorities of its intentions with the hope of motivating talks between the parties.
Over 500 constitutional challenges have been filed against the law, Mexico mining law expert Santiago Suarez Sevilla says.
Companies involved in the sector include BP and US-listed Kosmo Energy.
The Retortillo project, Berkeley's main asset, received preliminary approval in 2013 but has since run into hurdles.
Zimbabwe's biggest platinum producer announced in March it was offering voluntary job cuts.
The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.
Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".