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COAL

Cockatoo negotiates A$37m cash release for Baralaba

ASX-listed Cockatoo Coal has reached an agreement with two of its major shareholders and its principal bank to release A$37-million of restricted cash as part of its funding plans for the Baralaba expansion project, in Queensland. Cockatoo on...
26th August 2014
 
Diversified Miners

Australian miners warned to deal with economic imbalance

SUSTAINABLE MINING IN AFRICA
The Australia-Africa Mining Industry Group believes every person in and around a modern mine development in Africa should have the opportunity to reach his or her own potential
Strategic facilitation group the Australia-Africa Mining Industry Group (AAMIG) has warned Australia’s mining industry that it cannot be sustainable in Africa unless it deals with the economic imbalance between miners, which are associated with...
8th August 2014
 
MINING SERVICES

Now South Africa’s DRA expands Down Under in second quick-fire deal

Mining project house DRA, which last week struck a deal to acquire the Forge Group North America companies, formerly known as Taggart Global, said on Monday that it had stuck a second deal, this time a partnership agreement with Australian mine...
4th August 2014
 
MINING SERVICES

South Africa’s DRA adds $100m to Americas business as it tags Taggart

Mining project house DRA said on Thursday that it had agreed to acquire the Forge Group North America companies, formerly known as Taggart Global, for an undisclosed sum. DRA, a private, employee-owned Johannesburg-based project and engineering...
31st July 2014
 
MINING SERVICES

Mining project studies on the increase – DRA Video Available

Martin Creamer and DRA CEO Paul Thomson The awarding of studies for potential mining projects is on the increase, says DRA CEO Paul Thomson, who spoke to Mining Weekly Online on the eve of his company’s thirtieth anniversary celebrations. The head of the 3 000-employee project house,...
24th July 2014
 
Company Announcement

Sandvik drill rig rebuild helps miner reduce operating costsp PDF Available

With the mining industry looking to reduce its costs across the board, while still maintaining productivity with equipment that remains reliable and continues to perform as required, rebuilding older machines to as-new condition is becoming an...
23rd July 2014
 
MANGANESE

Assmang secures 19.9% of manganese asset developer

Assmang has entered into a share subscription agreement with iron-ore prospecting company IronRidge Resources, which will see the manganese asset developer subscribing for a 19.9% equity interest in the Australia-listed group for £11.74-million....
29th April 2014
 
CAPITAL RAISING

Golden Rim raises funds for Burkina Faso project

Australia-listed junior Golden Rim has raised $491 000 in a placement to raise funds to ensure the continued progress at its Balogo project, in Burkina Faso, while it investigated longer-term funding options. The company is currently undertaking...
24th February 2014
 
CORPORATE ACTIVITY

Vista Gold to downsize Midas Gold interest

Australia-focused Vista Gold on Thursday announced that it had entered into an agency agreement to sell up to 16-million shares in its 24.9% interest in gold explorer Midas Gold to certain arm's-length parties at a price of C$0.80 a share. Should...
7th February 2014
 
Roundup 2013

Resources Watch: Roundup 2013 Video Available

Creamer Media’s Resources Watch highlights some major events that took place during the year.
12th December 2013
 
DIVERSIFIED MINERS

South Africa a focal point of Anglo’s A-to-Z review

South Africa is a focal point of Anglo American’s much-publicised, across-the-board operational review, which was fleshed out in an investor day media conference call hosted by Anglo American CEO Mark Cutifani. The investor presentation, which...
11th December 2013
 
GOLD

Cleveland revises mine plan for Premier JV

Australia-managed diversified junior Cleveland Mining has introduced a revised mine plan at its Premier gold joint venture project, in Brazil. The company, which restarted operations at Premier in July after implementing cost reduction measures,...
29th October 2013
 
 
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