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GOLD 1373.95 $/ozChange: 6.86
PLATINUM 1431.50 $/ozChange: -6.50
R/$ exchange 9.96Change: 0.00
R/€ exchange 13.35Change: -0.05
 
 
 
Credit Suisse
 
ENVIRONMENT

Barrick Gold to submit water plan to Chile authorities soon

Barrick Gold plans to give Chilean regulators a water management plan for its delayed Pascua-Lama mine "imminently", and says the project will be one of its key assets once production finally starts. But the world's largest gold producer said on...
05 Jun 13
 
 
IRON-ORE

Fortescue to charge miners up to $554m/y for Pilbara railway

Australia's Fortescue Metals Group wants to charge Brockman Mining Ltd up to A$576-million ($554-million) a year to haul iron ore on its rail line, the first indication of how much miners may have to pay for rail access. Brockman is the first...
31 May 13
 
 
base metals

Peru urges new copper mine owner to stick to Xstrata blueprint

Peru expects any new owner of one of the largest copper deposits in the world to stick to development plans set out by Xstrata before it was acquired by trading house Glencore. Glencore has agreed to sell the Las Bambas project in Peru's...
29 May 13
 
 
NICKEL

Windarra proves promising for Poseidon

A definitive feasibility study (DFS) into ASX-listed Poseidon Nickel’s Windarra project, in Western Australia, has indicated that the project could deliver some 9 600 t/y of nickel in concentrate. Capital cost for the project had been estimated...
30 Apr 13
 
 
GOLD-SILVER

Sumatra on track to start production by 2014

Metals developer Sumatra Copper & Gold has been awarded the final forestry permit for its Tembang gold/silver project, in Indonesia, clearing the way for construction to start. The company said on Friday that the award of the final forestry...
26 Apr 13
 
 
MINERAL SANDS

Expanded DFS confirms NSW zirconia project viability

An expanded definitive feasibility study (DFS) on multicommodity explorer Alkane Resources’ Dubbo zirconia project, in New South Wales, has confirmed the viability of the operation. An initial DFS, completed in 2011, found that a capital...
11 Apr 13
 
 
LITHIUM M&A

Talison Lithium gets Australian Fed nod for C$848m takeover by Tianqi

Australian hard-rock lithium miner Talison Lithium on Tuesday said it has received Australian federal approval to proceed with a C$848-million takeover deal by Chinese firm Chengdu Tianqi Industry Group. The company said the Federal Court of...
12 Mar 13
 
 
GOLD DEVELOPMENT

QMX seeks JV partner at flagship Manitoba project

Toronto-listed junior QMX Gold is on the prowl for a private equity partner, president and CEO Francois Perron told Mining Weekly Online during the Prospectors and Developers Association of Canada’s show. The company operates the Lac Herbin...
07 Mar 13
 
 
MINING FINANCE

Sumatra secures $63m in funding for Tembang

ASX-listed Sumatra Copper & Gold has secured a A$63-million debt and equity funding from cornerstone investor Provident Capital Partners to develop the Tembang gold-silver project, in Indonesia. The funding package would comprise three...
25 Feb 13
 
 
MINING FINANCE

Sumatra clears funding hurdle

ASX-listed Sumatra Copper & Gold has received credit approval for $35-million in financing to fund the development of its Tembang gold project, in Indonesia. The company told shareholders on Thursday that it had received the credit approval from...
21 Feb 13
 
 
GOLD

Kingsrose secures A$15m funding to expedite Talang Santo development

Indonesian gold miner Kingsrose Mining has secured a A$15-million funding facility from Credit Suisse to expedite mine development of its Talang Santo project, once the Indonesian Mines Department provided final permission for full mining...
12 Feb 13
 
 
MINING INDABA

Commodities at ‘very delicate, overly pessimistic stage' – Credit Suisse

The global commodities market was at a “very delicate” and “overly pessimistic” stage, Credit Suisse Commodities Research head Ric Deverell said on Monday. Deverell told the Investing In African Mining Indaba, attended by a record 7 500...
04 Feb 13
 
 
 
 
 
 
 
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