New News information at Mining Technology New and updated information from News listed on www.mining-technology.com http://www.mining-technology.com/ en-us http://www.mining-technology.com/ New News information at Mining Technology http://www.mining-technology.com/content/images/logo_big.gif M&As this week: Papua Mining, South32 http://www.mining-technology.com/news/newsmas-this-week-papua-mining-south32-5930878 http://www.mining-technology.com/news/newsmas-this-week-papua-mining-south32-5930878 UK-based Papua Mining has reached a conditional acquisition agreement to acquire the entire issued share capital of Australian company BGM Investments for £640,000 ($860,000).  Thu, 21 Sep 2017 23:00:00 GMT Integra Resources to acquire DeLamar project in Idaho, US http://www.mining-technology.com/news/newsintegra-resources-to-acquire-delamar-project-in-idaho-us-5931265 http://www.mining-technology.com/news/newsintegra-resources-to-acquire-delamar-project-in-idaho-us-5931265 Integra Resources has agreed to acquire 100% of the DeLamar gold and silver project in Idaho, US, from a subsidiary of Kinross Gold. Thu, 21 Sep 2017 23:00:00 GMT Deals this week: Peak Resources, Dynasty Gold, Senator Minerals http://www.mining-technology.com/news/newsdeals-this-week-peak-resources-dynasty-gold-senator-minerals-5930875 http://www.mining-technology.com/news/newsdeals-this-week-peak-resources-dynasty-gold-senator-minerals-5930875 Australia-based mining company Peak Resources has agreed to raise A$1.575m ($1.26m) in the second tranche private placement of 39.375 million shares, priced at A$0.04 ($0.032) a share.   Thu, 21 Sep 2017 23:00:00 GMT Central Asia Metals to acquire 100% stake in Lynx Resources for $402.5m http://www.mining-technology.com/news/newscentral-asia-metals-to-acquire-100-stake-in-lynx-resources-for-4025m-5932464 http://www.mining-technology.com/news/newscentral-asia-metals-to-acquire-100-stake-in-lynx-resources-for-4025m-5932464 Central Asia Metals (CAML) has conditionally agreed to acquire a 100% stake in Lynx Resources, which owns the SASA zinc-lead mine in Macedonia, in a deal valued at $402.5m. Thu, 21 Sep 2017 23:00:00 GMT Endeavour Mining approves $412m Ity CIL construction in Cote d'Ivoire http://www.mining-technology.com/news/newsendeavour-mining-board-approves-412m-ity-cil-project-construction-in-cote-divoire-5931295 http://www.mining-technology.com/news/newsendeavour-mining-board-approves-412m-ity-cil-project-construction-in-cote-divoire-5931295 The Endeavour Mining board has given its approval for the company's Ity circuit/carbon-in-leach (CIL) project at its mine in Cote d'Ivoire, with an initial capital cost of $412m following positive results from its optimisation study.  Thu, 21 Sep 2017 23:00:00 GMT W Resources obtains extension over Tarouca project in Portugal http://www.mining-technology.com/news/newsw-resources-obtains-extension-over-tarouca-project-in-portugal-5930447 http://www.mining-technology.com/news/newsw-resources-obtains-extension-over-tarouca-project-in-portugal-5930447 UK-based exploration and development company W Resources has secured a two-year extension for its licence of the Tarouca project in Portugal. Wed, 20 Sep 2017 23:00:00 GMT GoldMining to acquire Crucero gold project, Peru http://www.mining-technology.com/news/newsgoldmining-to-acquire-crucero-gold-project-in-peru-5930454 http://www.mining-technology.com/news/newsgoldmining-to-acquire-crucero-gold-project-in-peru-5930454 Canadian exploration company GoldMining has signed an agreement to gain a 100% interest in Lupaka Gold’s Crucero gold project in south-east Peru. Wed, 20 Sep 2017 23:00:00 GMT Angkor Gold gets approval for Koan Nheak project, Cambodia http://www.mining-technology.com/news/newsangkor-gold-gets-approval-to-proceed-with-koan-nheak-project-in-cambodia-5931221 http://www.mining-technology.com/news/newsangkor-gold-gets-approval-to-proceed-with-koan-nheak-project-in-cambodia-5931221 Angkor Gold has secured approval for its Koan Nheak project from the Cambodian Ministry of Mines and Energy, in cooperation with Renaissance Minerals. Wed, 20 Sep 2017 23:00:00 GMT First Cobalt calls off alliance in Congo to focus on Canadian operations http://www.mining-technology.com/news/newsfirst-cobalt-calls-off-alliance-in-congo-to-focus-on-canadian-operations-5930114 http://www.mining-technology.com/news/newsfirst-cobalt-calls-off-alliance-in-congo-to-focus-on-canadian-operations-5930114 First Cobalt is set to cancel the strategic alliance in seven cobalt exploration properties in the Democratic Republic of the Congo in favour of properties in Canada. Tue, 19 Sep 2017 23:00:00 GMT Syrah Resources to raise capital for Balama project development in Mozambique http://www.mining-technology.com/news/newssyrah-resources-to-raise-capital-for-balama-project-development-in-mozambique-5929438 http://www.mining-technology.com/news/newssyrah-resources-to-raise-capital-for-balama-project-development-in-mozambique-5929438 Syrah Resources is planning to raise A$110m ($87.89m) through an institutional placement and a pro-rata accelerated non-renounceable entitlement offer to allocate funds needed for developing its Balama graphite project in Mozambique.  Tue, 19 Sep 2017 23:00:00 GMT Kinross Gold to invest $1bn in Mauritania and US expansion projects http://www.mining-technology.com/news/newskinross-gold-to-invest-1bn-in-mauritania-and-us-expansion-projects-5929456 http://www.mining-technology.com/news/newskinross-gold-to-invest-1bn-in-mauritania-and-us-expansion-projects-5929456 Canadian exploration company Kinross Gold is set to spend more than $1bn to expand its mines in Mauritania and Nevada, US, to boost production and ensure free cash-flows. Tue, 19 Sep 2017 23:00:00 GMT Avanco agrees revised terms to acquire CentroGold project in Brazil http://www.mining-technology.com/news/newsavanco-agrees-revised-terms-to-acquire-centrogold-project-in-brazil-5928192 http://www.mining-technology.com/news/newsavanco-agrees-revised-terms-to-acquire-centrogold-project-in-brazil-5928192 Avanco Resources has revised the terms of its previously announced agreement to wholly acquire Jaguar Mining's CentroGold project in Brazil. Mon, 18 Sep 2017 23:00:00 GMT Sumatra Copper forms alliance to enhance production at Tembang mine in Indonesia http://www.mining-technology.com/news/newssumatra-copper-forms-alliance-over-its-tembang-mine-in-indonesia-5928223 http://www.mining-technology.com/news/newssumatra-copper-forms-alliance-over-its-tembang-mine-in-indonesia-5928223 Sumatra Copper & Gold has formed a strategic alliance with Indonesian gold producer Merdeka Copper Gold to extend the mine life and enhance production at its Tembang gold-silver operation in southern Sumatra. Mon, 18 Sep 2017 23:00:00 GMT Impala Platinum to cut 2,500 jobs as part of restructuring process http://www.mining-technology.com/news/newssouth-africas-impala-platinum-to-cut-2500-jobs-as-part-of-restricting-process-5928950 http://www.mining-technology.com/news/newssouth-africas-impala-platinum-to-cut-2500-jobs-as-part-of-restricting-process-5928950 South African mining company Impala Platinum (Implats) has started a consultation process with employee representative groups and other stakeholders as part of a restructuring initiative that is set to result in around 2,500 job cuts at its Impala Ru… Mon, 18 Sep 2017 23:00:00 GMT South32 to increase equity in Arizona Mining to 19.9% http://www.mining-technology.com/news/newssouth32-to-increase-equity-in-arizona-mining-to-199-5927111 http://www.mining-technology.com/news/newssouth32-to-increase-equity-in-arizona-mining-to-199-5927111 South32 has signed an agreement to increase its stake in Arizona Mining to up to 19.9% through the acquisition of an additional 15 million shares. Sun, 17 Sep 2017 23:00:00 GMT Ramelius Resources signs farm-in agreement for South Monitor project, Nevada http://www.mining-technology.com/news/newsramelius-resources-signs-farm-in-agreement-over-south-monitor-project-in-us-5927121 http://www.mining-technology.com/news/newsramelius-resources-signs-farm-in-agreement-over-south-monitor-project-in-us-5927121 Ramelius Resources has signed an exploration farm-in and joint venture (JV) agreement relating to Newmont Mining's South Monitor land package in south Nevada, US. Sun, 17 Sep 2017 23:00:00 GMT AngloGold Ashanti signs MoU for potential sale of Kopanang mine http://www.mining-technology.com/news/newsanglogold-ashanti-signs-mou-for-potential-sale-of-kopanang-mine-5927910 http://www.mining-technology.com/news/newsanglogold-ashanti-signs-mou-for-potential-sale-of-kopanang-mine-5927910 AngloGold Ashanti has signed a memorandum of understanding (MoU) for the potential sale of its Kopanang mine in South Africa to an undisclosed company. Sun, 17 Sep 2017 23:00:00 GMT Liontown Resources to sell Bynoe project in Australia to Core Exploration http://www.mining-technology.com/news/newsliontown-resources-to-sell-bynoe-project-in-australia-to-core-exploration-5926228 http://www.mining-technology.com/news/newsliontown-resources-to-sell-bynoe-project-in-australia-to-core-exploration-5926228 Australian mining company Liontown Resources has signed an agreement to divest its Bynoe lithium project tenure near Darwin in the Northern Territory to Core Exploration. Thu, 14 Sep 2017 23:00:00 GMT Eldorado Gold gets permits for tailings management facility in Greece http://www.mining-technology.com/news/newseldorado-gold-receives-permits-for-tailings-management-facility-in-greece-5926226 http://www.mining-technology.com/news/newseldorado-gold-receives-permits-for-tailings-management-facility-in-greece-5926226 Canadian mining company Eldorado Gold has received two permits relating to the tailings management facility in Kokkinolakkas, Greece.  Thu, 14 Sep 2017 23:00:00 GMT Anglo Pacific to acquire royalty interest on Piauí project in Brazil http://www.mining-technology.com/news/newsanglo-pacific-to-acquire-royalty-interest-on-piau-project-in-brazil-5926857 http://www.mining-technology.com/news/newsanglo-pacific-to-acquire-royalty-interest-on-piau-project-in-brazil-5926857 Anglo Pacific Group has signed an agreement to acquire a 1% gross revenue royalty (GRR) interest over Brazilian Nickel's (BRN) Piauí nickel-cobalt project in north eastern Brazil. Thu, 14 Sep 2017 23:00:00 GMT