Новости за 11.01.2019

TSX-listed Endeavour Mining has increased its ownership stake in the Ity mine, in Côte d'Ivoire, from 80% to 85%. In exchange for the additional 5% interest in the Ity mine, Endeavour granted DYD International more than one-million common shares amounting to a total consideration of about $15-million based on the signing reference share price of C$18.50 a share.

TSX-V-listed Surge Exploration has approved, in principle, a strategic reorganisation of the company’s assets, in which the company would spin off its interests in the copper/gold Hedge Hog and Mineral Mountain exploration projects in British Columbia, into a newly incorporated subsidiary called CuGold Corporation. Surge will retain its interests in its cobalt projects in Chile and Ontario and its lithium brine project, in Chile.

ITE Group CEO Mark Shashoua on Friday ceremonially opened trading on the LSE, while celebrating the upcoming twenty-fifth edition of the Investing in African Mining Indaba conference, which ITE Group owns. The LSE opening event was attended by partners from the World Gold Council, Memery Crystal, the International Council on Mining and Metals, the World Platinum Investment Council, Brunswick and Thor Exploration.

JSE- and NYSE-listed Sibanye-Stillwater on Friday announced that all lenders of its dollar and rand revolving credit facilities (RCF) have agreed to retain the upper limit of the RCF until December 31. The RCF comprises 13 South African and international banks. The upper limit of the RCF is net debt: adjusted earnings before interest, taxes, depreciation and amortisation of 3.5 times.

Aim-listed Georgian Mining Corporation CEO Mike Struthers on Friday announced that the Georgian government had held a Cabinet meeting late in December to discuss the pending exploration permit for the company’s 50%-owned Bolnisi copper/gold project. The company had been expecting a resolution meeting to be scheduled since early October.

TSX-listed Capstone Mining produced 155.2-million pounds of copper in 2018, in line with expectations and has set its 2019 output guidance at between 145-million and 160-million pounds of copper at a C1 cash cost of between $1.80/lb and $2/lb. During this year, the Canadian base metals miner expects to complete a scoping level study at its Pinto Valley openpit copper operation, in the US, to examine the potential economics of the overall reserve and resource base.

TSX- and ASX-listed Champion Iron has appointed Michael Marcotte investor relations VP. Marcotte – a chartered financial analyst – previously spent 15 years working with resource equities for Macquarie Capital Markets Canada.

TSX- and NYSE-listed Endeavour Silver Corporation has reported consolidated silver production of 5.5-million ounces and gold production of 52 967 oz of gold for 2018. The company reported silver-equivalent production of 9.5-million ounces at a 75:1 silver to gold ratio.

TSX-, Nasdaq- and Botswana Stock Exhange-listed Lucara Diamond Corporation on Thursday recovered a 127 ct, top white gem-quality diamond from its Karowe diamond mine, in Botswana. Since mining started at Karowe in 2012, the company has recovered 129 diamonds in excess of 100 ct, including 12 diamonds larger than 300 ct.

The processing of commissioning tailings negatively impacted on dual-listed Tharisa’s overall production and recoveries for the first quarter of the 2019 financial year. During the quarter, ended December 31, platinum-group metal (PGMs) production fell by 5.9% quarter-on-quarter to 33 600 oz and chrome concentrate output decreased by 10% quarter-on-quarter to 305 400 t, mainly as a result of reduced recoveries.

The processing of commissioning tailings negatively impacted on dual-listed Tharisa’s overall production and recoveries for the first quarter of the 2019 financial year. During the quarter, ended December 31, platinum-group metal (PGMs) production fell by 5.9% quarter-on-quarter to 33 600 oz and chrome concentrate output decreased by 10% quarter-on-quarter to 305 400 t, mainly as a result of reduced recoveries.

Treasury Secretary Steven Mnuchin signaled he won’t back down from plans to lift sanctions on three companies tied to an ally of Russian President Vladimir Putin even as he said the Trump administration would consider delaying the move to accommodate concerns raised by lawmakers. Mnuchin denied the action was intended to help the Kremlin, telling reporters Thursday after a closed briefing with lawmakers that the Treasury Department’s decision to lift restrictions on companies tied to Russian billionaire... Читать дальше...

Barrick Gold’s new CE is surprised by the “hysteria” over whether the world’s largest gold miner will remain a Canadian company. Barely a week after his Channel Islands-based Randgold Resources merged with Barrick, Mark Bristow says he’s determined to keep the global miner headquartered in Toronto – or at least as committed as he is to any head office.

Barrick Gold Corp’s new boss intends to push ahead with plans to increase investment in the mineral-rich – but environmentally tricky – deposits straddling the Chile-Argentina border. “If you want to find elephants, go to elephant country,” CEO Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company “absolutely” intends to invest more money in the El Indio copper-and gold belt, he said, adding that its partnerships with Chinese and Chilean miners remain key to its strategy in the region.

The share price of junior Berkeley Energia jumped by more than 63% on Friday, following media reports that its Salamanca uranium project, in Spain, had been approved. The ASX- and LSE-listed company told shareholders that despite the Spanish media reports, the company had received no official notice with regard to the project approval.