Author: E & MJ Editors

Nevada Copper Secures Financing for Pumpkin Hollow

Nevada Copper Corp. said it has entered into arrangements for a $378 million construction financing and recapitalization package, which will provide a clear pathway toward first production in 2019 from its 100% owned Pumpkin...

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Construction at Boungou Progresses

SEMAFO Inc. reported that construction of the Boungou mine in Burkina Faso was 75% complete and remains on budget for commissioning in the third quarter of 2018. The company has so far invested $148 million. More than 90% of the...

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Vale Offers Update on Fertilizer Transaction

Vale confirmed the sale of Vale Fertilizantes to the Mosaic Co. (Mosaic) is expected to close on or about January 8. The company said some final adjustments were made to the terms and conditions of the transaction. Vale will...

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Suncor Expects First Oil From Fort Hills in January

Suncor, the operator of the Fort Hills Energy Ltd. Partnership, has confirmed that during 2017, the mine, primary extraction, utilities and froth assets were commissioned. More than 80% of the Fort Hills plant is now operational...

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