Новости за 21.09.2020

The world's top gold miners sought to reassure investors on Monday that they're not going on a spending spree despite surging gold prices boosting their shares and free cash flow. Miners are opting to give more cash back to shareholders rather than plotting takeovers which the market may disapprove of with the Covid-19 pandemic far from over. "We don't need to, and will not be, chasing volume," Newmont CEO Tom Palmer told the Gold Forum Americas conference. "In this current gold price environment... Читать дальше...

Copper and cobalt miner Arc Minerals reports that a maiden diamond drilling programme at the Fwiji target at the Zamsort and Zaco licence areas in north western Zambia, has intersected oxide and sulphide mineralisation. Nine holes have been drilled to date at Fwiji over an area of more than 1 km2, with these initial holes confirming the interpreted anticlinal feature and intersecting both oxide and sulphide mineralisation, according to the visuals and on-site portable X-ray fluorescence (pXRF) analyses.

Brazilian steelmaker Companhia Siderurgica Nacional said its board has approved an initial public offering by its mining unit CSN Mineracao SA, according to a securities filing on Monday. CSN said the offering aims at funding CSN Mineracao's business plan, as well as creating value for the steelmaker's shareholders. The company did not disclose the IPO amount or when it should occur.

LSE-listed base and precious metals miner Kavango Resources has strengthened its partnership with battery metals miner Power Metal Resources by entering into a strategic joint venture (JV). Kavango in April agreed to sell a 51% interest in the Botswana-based Ditau project to Power Metals.