First Quantum unveils US$1.4B equity raise
First Quantum Minerals (TSX: FM; US-OTC: FQVLF) plans to raise US$1.4 billion through a public offering — increasing the company’s outstanding shares to 689 million.
News
Editorial: Making the case for subsidizing Arctic work
Five industry groups focused on mining and mineral exploration in northern Canada have produced a timely report that quantifies the extra costs of carrying out work in Canada’s remote Arctic and sub-Arctic areas, and makes recommendations…
Silver supply and demand trends for 2014
The following findings were released by The Silver Institute based on their World Silver Survey for 2015. For more information and to access the full survey, please visit www.silverinstitute.org.
Suppliers news: Amec Foster Wheeler gets more work at Copler in Turkey
Amec Foster Wheeler has been awarded the initial phase of an engineering, procurement and construction contract for the sulphide expansion project at Alacer Gold’s (TSX: ASR) 80%-owned Copler gold mine in eastern Turkey.
Suppliers news: Superior Industries buys Miramichi based MFE Manufacturing
Superior Industries, a U.S.-based manufacturer and supplier of bulk material processing and handling systems, has acquired Miramichi-based MFE Manufacturing.
Letter to the editor: Fond memories
As a long-term subscriber, I congratulate your firm on 100 years of excellence in global mine reporting.
Peru enforces state of emergency to stop mining protests
The Peruvian government recently declared a state of emergency in southern Peru, after ongoing protests against Southern Copper’s (NYSE: SCCO) Tia Maria copper project caused a fourth fatality.
Kidnappings highlight miners’ security risks
In the first four months of this year alone, kidnapping incidents have touched Torex Gold Resources (TSX: TGX; US-OTC: TORXF) and Goldcorp (TSX: G; NYSE: GG) in Mexico’s Guerrero state, and Pan African Minerals’ Tambao manganese…
TSX Venture closes above 700, May 19-22
The S&P/TSX Venture Composite Index registered gains during the shortened period, as it jumped 1.2%, or 8.17 points, before finishing at 703.48 points.
Short Position Report
Short positions outstanding at May 15/15 (with changes from April 30/15).
Suppliers news: With new owner ESG Solutions set to expand, focus on R&D
Since acquiring ESG Solutions in December 2014, Spectris (US-OTC: SEPJF; LSE: SXS) is overseeing its new division’s expansion plans in the mining and geotechnical space, and ESG has boosted its research and development (R&D) and…
Barrick’s Alturas discovery could be the next Veladero
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.