ASX-listed Talga Resources has now raised A$9.45-million through the completion of an institution
It was a mixed bag for the South African mining sector in the South African mining sector, with a
Aim-listed Ncondezi Energy aims to finalise the financial model and tariff submissions for its 30
Eskom Holdings, South Africa’s biggest polluter, has asked for additional emission exemptions at
The directors of takeover target Azumah Resources have urged the remaining shareholders to accept
Africa-focused oil and gas developer FAR on Thursday announced plans to raise up to A$176-million
Diversified major Rio Tinto on Thursday said that it would ‘consider its options’ regarding the p
South Africa's biggest money manager has written to 22 gold mining companies asking them to
First Quantum Minerals says it hasn’t received any takeover approaches -- including from Rio Tint
A torrent of deal-making among gold producers that’s pushed M&A in the sector to an eight
Rare earths developer Hastings Technology Metals will raise A$12-million through a share placemen
At least 58 thermal power plants in India have been able to save an estimated $531-million since
Aim-listed Edenville Energy has signed two new significant contracts to supply washed coal from t
Global diversified miner Anglo American on Tuesday released its updated production guidance for t
Coal and chrome beneficiation and trading company Lurco Group is forging ahead with plans to take
ASX-listed Titan Minerals has increased its takeover offer for TSX-V-listed Core Gold.
All the required regulatory approvals for South African miner Impala Platinum’s (Implats’) acquis
Europe-focused explorer Erris Resources has entered into an option to acquire 80% of the Loch Tay
Specialist alloy producer Afarak has said two of its South African subsidiaries – Afarak Mogale a
Metallurgical coal developer Aspire Mining has signed a non-binding memorandum of understanding (
First UK authorities were investigating Glencore, and then they weren’t. On Thursday, the Serious Fraud Office jumped back in, saying it had opened a bribery probe into the mining company and some executives, sending the shares tumbling.
Africa-focused energy company Kibo Energy has signed the first of a series of agreements to implement the heads of agreement (HoA) with Shumba Energy to reorganise the arrangements for the Mabesekwa coal independent power project (MCIPP) and its associated coal asset in Botswana.
Gold miner Northern Star Resources has completed the takeover of fellow-listed Echo Resources. The miner gained a 98.14% interest in Echo at the close of the takeover offer on November 11, prompting a compulsory acquisition of the remaining shares.
Australian gold miner Newcrest Mining has invested a further C$79.6-million into TSX-listed Lundin Gold Inc, increasing its stake from 27% to 32%. Newcrest on Friday reported that it had acquired more than 10.97-million shares in Lundin from Kinross Gold Corporation, at a price of C$7.25 a share, representing a 4.2% discount to Lundin’s last trading price.
Institutional investors in Glencore will sue the world’s biggest commodities trader for share price declines from bribery investigations in the US, the UK and Canada, a law firm representing them said after the latest probe was announced.
Glencore is being investigated for bribery by UK authorities, deepening the legal woes that threaten the world’s biggest commodities trader. Glencore will cooperate with the probe conducted by the Serious Fraud Office, according to a statement. It didn’t provide any further details and a spokesman declined to comment.
Stung by a government directive to either develop or relinquish, State-run Coal India Limited (CIL) has earmarked capital expenditure (capex) of $7.89-billion to complete 66 ongoing projects undertaken by its various operational subsidiaries. The 66 ongoing projects, when completed, would have peak rated capacity of 500-million tons.
Dual-listed coal developer Resource Generation (Resgen) has inked a binding agreement for the funding of its Boikarabelo coal mine, in South Africa.
“The transition of the non-binding term sheets into legal agreements is a most important milestone,” said Resgen interim MD and CEO Leapeetswe Molotsane.
Coal miner Minergy, which operates the Masama mine, in Botswana, has put its planned listing on the LSE's Aim on hold as a result of unfavourable market conditions.
The directors of takeover target Panoramic Resources have unanimously recommended that shareholders reject a takeover offer from diversified metals miner Independence Group.
Independence is offering one of its own shares for every 13 Panoramic shares held, valuing the takeover target at A$312-million.