GOLD 1289.44 $/ozChange: 6.07
PLATINUM 1410.50 $/ozChange: 7.50
R/$ exchange 10.62Change: -0.07
R/€ exchange 14.69Change: -0.12
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Author
 
Matthew Hill
 
 

Matthew Hill

Contact: +27 11 622 3744 #206

matthew@miningweekly.com

 

Pebble project to absorb $107m this year Restricted

The owners of the Pebble copper/gold asset in Alaska, Anglo American and Northern Dynasty, have signed off on a $107-million 2012 work programme for the controversial project. The money will go towards continuing environmental studies, drilling,...
By: Matthew Hill
Published on 16th May 2012
 

Osisko says to restart production in 'near term' after fire Restricted

Osisko Mining, which suffered a fire at its flagship Canadian Malarctic in Quebec last week, said on Monday it would resume production at reduced levels “in the near term”. The part of the mill the conflagration mainly damaged, the No 4...
By: Matthew Hill
Published on 15th May 2012
 

Royal Nickel's revised prefeas study improves numbers Restricted

Canada’s Royal Nickel on Monday said it tweaked a November prefeasibility study for its Dumont nickel project, in Quebec, boosting its net present value by 31% to $1.4-billion. Improved recoveries and incorporating so-called trolley assist...
By: Matthew Hill
Published on 15th May 2012
 

Rights issue, loans send White Tiger tumbling on TSX Restricted

Shares in Canadian junior White Tiger Gold plunged more than 50% in early Toronto trade after the company announced loan deals with its two biggest shareholders, and that it would pay new stock to them expanding its issued share capital by some...
By: Matthew Hill
Published on 14th May 2012
 

Cameco buys uranium trader Nukem for $136m Restricted

Cameco, the biggest listed uranium producer, agreed to pay private equity firm Advent International €105-million, or $136-million, for nuclear fuel trader Nukem to deepen its involvement in marketing and secure alternative supplies, the company...
By: Matthew Hill
Published on 14th May 2012
 

HudBay taps debt markets for $400m Restricted

HudBay Minerals, which produces base metals in Manitoba and plans on building the Constancia copper project in Peru, aims to raise $400-million in a notes offering, it said on Monday. The money will go towards its Manitoba projects and building...
By: Matthew Hill
Published on 14th May 2012
 

TNR says received merger approach from unnamed firm Restricted

Toronto-listed junior TNR Gold Corp has received an offer from an unnamed company to merge with it to acquire its disputed Argentinean copper-gold properties, the company said late on Friday. TNR did not say what company made the proposal or how...
By: Matthew Hill
Published on 14th May 2012
 

Strike cripples production at Paladin's Malawi uranium mine Restricted

Malawi’s move last week to delink its currency from the US dollar, devaluing by 50%, had an unwelcomed side effect for uranium miner Paladin –workers at its Kayelekera mine in the north of the country on Friday downed tools after the company...
By: Matthew Hill
Published on 14th May 2012
 

First Quantum buys 19.9% stake in Peru-focused junior Restricted

Base metals miner First Quantum on Friday said it bought a 19.9% stake in Zincore Metals, which owns copper and zinc projects in Peru, for a total of C$7.5-million. The TSX-listed junior had said on May 8 First Quantum took up a stake of some 10%...
By: Matthew Hill
Published on 14th May 2012
 

Glencore unit’s Q1 suffers from $14.5m DRC tax penalty Restricted

Katanga Mining, the Congo copper producer Glencore owns, said on Friday first-quarter net profit shrunk to $5-million, about one-eighth of the figure it reported for the same period one-year ago. The TSX-listed company said a $14.5-million...
By: Matthew Hill
Published on 11th May 2012
 

image
VIDEO
image
View all
 
 
Resources Watch Video
Worrying technical corner-cutting needs to be... Video
Resources Watch Video
Campaign under way to pay unclaimed R5bn to 200... Video
No platinum surge despite 400 000 oz... Video
Gemfields doing ‘De Beers-equivalent’ in... Video
Pallinghurst bringing in new tech to boost... Video
Resources Watch Video
Miwatek optimised AMD treatment process... Video

image
Audio
image
View all
 
 
On-The-Air (11/04/2014) Audio
On-The-Air (04/04/2014) Audio
On-The-Air (28/03/2014) Audio
On-The-Air (21/03/2014) Audio
On-The-Air (14/03/2014) Audio
On-The-Air (07/03/2014) Audio
On-The-Air (28/02/2014) Audio
On-The-Air (21/02/2014) Audio
On-The-Air (14/02/2014) Audio