Articles By Section: Finance

This page lists all articles in the Finance section. Bookmark this page or subscribe to the RSS feed to see new articles as they are added.

London Stockpile: Pricing disputes impact market

News surrounding commodity prices has been prominent in recent weeks, and has boosted some companies' position on the London market. The Mining Journal editorial team takes a look at the past week’s proceedings.

Red Rock rerating

The recent ‘company transforming’ deal for Jupiter Mines Ltd has caused a positive re-rating for Red Rock Resources plc despite the company having its equity in Jupiter diluted from 25.1% to around 6%

Lihir sells Ballarat

Lihir Gold Ltd is selling its Ballarat project in Victoria, Australia, to Castlemaine Goldfields Ltd for A$4.5 million (US$4.1 million) in cash, plus an additional 2.5% royalty on future production, capped at A$50 million

Atlas Iron to buy Aurox for A$143m

Atlas Iron Ltd, the Australian iron-ore producer, will buy Aurox Resources Ltd for A$143 million (US$131 million), a 170% premium to its market value prior to the deal

Hargreaves, UK Coal in merger talks

Hargreaves Services plc has confirmed that it is exploring a potential merger with UK Coal plc after the latter company revealed on Tuesday that it is in takeover discussions

Glencore takes back Prodeco

Glencore International AG will buy back Colombian coal unit Prodeco from Xstrata plc

Kenmare eyes Moma expansion

Irish miner Kenmare Resources plc plans to raise almost £180 million (US$269 million), through a share placement, for the expansion of its Moma titanium mine in Mozambique

NovaGold announces US$175m financing

Dual-listed NovaGold Resources Inc has said it plans to raise US$175 million for exploration and acquisitions by selling shares to investment funds managed by two of its major shareholders

Pangea puts Dimbi on sale

African-focused Pangea Diamond Fields plc intends to sell the Dimbi project in the Central African Republic to a senior employee

Rio Novo closes IPO

Rio Novo Gold Inc has raised C$40 million (US$38.9 million) from its initial public offering, which closed on Monday

Canadian mining: Strength returning

Economic strength is returning to the mining and metals sector in Canada, according to a report by Ernst & Young published to coincide with this week’s Prospectors & Developers Association of Canada conference

READ ALL OF THE BREAKING NEWS AND PUBLICATION ARTICLES FROM THE ARCHIVE IN THIS SECTION

Log in

Latest Issue: 12/03/2010

Features

Marine mining: Into the deep

Editor's Comment

Indian Summer

SEARCH FOR NEWS BY COMPANY

Company News

Recently Created or Updated Company News Portals

Click here log into your Company News Portal

SPECIAL FEATURES