Alpha Foundation Announces New Grant Solicitation

To build on the solid base of current projects while also expanding opportunities for engagement, the Alpha Foundation is providing continued support of research and development projects vital to meeting its mission of improving mining safety and health. The Alpha Foundation announced its fourth solicitation, AFC417, which will focus on holistic mining safety and health efforts.

Read more ...

Kibali Delivers Progress Despite Challenges

After a slow start to 2016, the Kibali gold mine is picking up speed, with the substantial performance improvement forecast for the second half of the year already manifesting itself, according to Randgold Resources Chief Executive Mark Bristow.

Read more ...

Teck to Acquire Teena/Reward Zinc Project

Teck Resources Ltd. announced that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Ltd. in the Teena/Reward zinc project, which is already subject to Teck’s right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three-year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

Read more ...

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.