Euro Sun Mining holds public meeting to discuss its Rovina Valley Project

MINEX FORUM | June 26, 2017
img0 Euro Sun Mining Inc. (TSX:ESM) reported that in accordance with Romania’s public administration transparency laws, the National Agency for Mineral Resources (“NAMR”) hosted a public meeting to discuss the draft Government decision approving the mining licence of the Company’s Rovina Valley Project at its headquarters today, June 26, 2017. The meeting was originally scheduled for ...

Rio Tinto confirmed the sale of its Coal & Allied Industries Limited to Glencore

MINEX FORUM | June 26, 2017
img0 The Rio Tinto board today confirmed its recommendation that shareholders vote in favour of the sale of Rio Tinto’s wholly-owned subsidiary Coal & Allied Industries Limited (“C&A”) to Yancoal Australia Limited (“Yancoal”). The recommendation follows consideration by the board of a revised offer from Glencore plc received on 23 June 2017, and a revised offer ...

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 ...

Ian Ashby takes the place of Peter Hambro as a Chairman of Petropavlovsk PLC

MINEX FORUM | June 23, 2017
img0 Messrs Peter Hambro, Robert Jenkins, Alexander Green and Andrew Vickerman were not re-elected as Directors of Petropavlovsk  PLC and therefore retired from the Board on 22 June 2017, said the company. Messrs Ian Ashby, Bruce M. Buck, Vladislav Egorov, and Garrett Soden were appointed as Directors of the Company on 22 June 2017.  A further announcement ...