Miners should keep capital discipline and continue investing in technology

MINEX FORUM | June 27, 2017
img0 Despite the modest recovery in global commodity prices, miners will remain focused on capital and supply discipline in the year ahead, through debt reduction and efficiencyenhancements, said miningweekly.com with reference to the research firm BMI. In its ‘Mining Mid-Year Update: Key Themes For 2017’ report, it noted that miners would perform better over the coming ...

Polymetal and EBRD came to an agreement regarding the $140-million loan for the Kyzyl project

MINEX FORUM | June 23, 2017
img0 Precious metals miner Polymetal has secured a $140-million loan to finance the remaining capital expenditure for its Kyzyl project, paving the way for operations at the 300 000 oz/y Kazakhstan gold mine to start in the third quarter of 2018. The loan agreement with the European Bank of Reconstruction and Development (EBRD) has a five-year ...

Lydian International looks to undertake intensive exploration drilling

MINEX FORUM | June 9, 2017
img0 Armenia-focused gold project developer Lydian International has reached the halfway mark in terms of the capital committed to build its cornerstone $369.9-million Amulsar project. The coming months will see the company report regular news flow as it achieves key construction-based catalysts, with the aim of pouring first gold by mid-2018, president and CEO Howard Stevenson told ...

Lundin Mining gives up on Nasdaq Stockholm

MINEX FORUM | June 1, 2017
img0 Image: privataaffarer.se Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) announced that it has obtained the approval and registration with the Swedish Financial Supervisory Authority (the “FSA”) of a prospectus (the “Swedish Prospectus”). The Swedish Prospectus was prepared and filed in order to permit the admission to trading of the Company’s shares directly on Nasdaq Stockholm following the conversion of ...