Sydney, Australia-based precious and base metals explorer Robust Resources will raise A$25.5 million via share issue to fund the acquisition of the Talas gold-copper project located in the Kyrgyz Republic.
Tags: Creamer Media's Mining Weekly
Nedbank Capital seeks new mining investment destinations in Africa
Johannesburg, South Africa-based banking network Nedbank Capital is looking for new mining investment destinations in Africa, aside from gold explorations in Tanzania, Ghana, and Burkina Faso.
Quebec approves $10M equity investment in Orbite Aluminae
The government of Quebec approved a $10-million equity investment in Montreal, Canada-based alumina producer Orbite Alumniae Inc, with the funds coming from the government's financing arm Investissement Quebec.
Golden Rim raises $491K to continue Burkina Faso project
West Perth, Australia-based public exploration and mining firm Golden Rim Resources raised $491,000 in placement to continue developing its Balogo project in Burkina Faso, Africa while the firm is still trying to determine other funding options.
Australian minig firm Balamara to divest non-core assets in the Balkans for A$15.2M
Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.
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Australia-listed coal mining firm Universal Coal agreed to acquire the assets and liabilities of Exxaro Resources' New Clydesdale colliery (NCC) in South Africa for an undisclosed amount.
Australia-based mining firm Heemskirk Consolidated inked a deal with Marquis Alliance Energy Group to sell its mineral plant in Canada for C$12 million as part of its startegy to focus on developing its Moberly facility.
Canada-based gold exploration firm Giyani Gold Corp announced on Monday its acquisition of a 57.7% interest in Canoe Mining Ventures through a securities exchange agreement.
Rival Canadian mining companies Goldsource Mines Inc and Eagle Mountain Gold Corp agreed to merge in a deal that would see each firm hold half of the newly combined company.
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