First Quantum sells nickel-copper-platinum mine in Finland for $712 million
Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.
Swedish mining and smelting company Boliden AB will pay cash for Kevitsa mine.
The US$5.5 million in proceeds from this amendment will be used to repay amounts owing on the Company’s revolving debt facility.
A high-profile company recently slashed the gold resources for a key project by an astounding 88%. Here's what went wrong and how to avoid it.
The world’s largest gold miner also said it would redeem up to $750 million in notes to help cut debt by at least $2bn this year.
The layoffs are on top of the 1,900 positions Finning decided to axe last year.
Production declines of as much as 1.5m ounces within two years shifts company's focus to costs with target of $700 per ounce all in.
The miner is set to report fourth-quarter results after markets close on Wednesday.
Morenci is an open-pit, copper mine located in Arizona. In 2015, FCX’s 85 percent share of Morenci revenues totaled $2.2 billion and production and delivery costs totaled $1.5 billion.
Tahoe Resources' founder and executive chair Kevin McArthur said the operations present "nice synergies".
Largo announces closing of the first tranche of recently announced private placement and signing of binding term sheet for new debt facilities.