Latest Mining News

Top Story

First Quantum completes enlarged refinancing

First Quantum Minerals has closed the $3.85 billion bond and bank refinancing of its corporate debt, as it nears the start of construction on the Cobre Panama copper project

Timmins agrees sale of Caballo Blanco Mexican gold mine

Timmins Gold has agreed to sell all of its interest in the Caballo Blanco gold project located in the Mexican state of Veracruz to Candelaria for a cash consideration of $12.5 million, it announced yesterday (11 May 2016)

Cemex approaches IFC for financing

Mexican materials company Cemex has approached the Internationl Finance Corporation (IFC) for a financing package worth up to $170 million to support its sustainable investment programme in emerging markets

Ashurst hires Africa partner

International law firm Ashurst has hired Yann Alix as a partner in its resources team

New legal hurdle for Adani’s Queensland coal mine

Members of the indigenous Wangan and Jagalingou (W&J) people have filed an application in the Federal Court of Australia challenging the mining leases that were issued for Adani's A$21 billion ($16.2 billion) Carmichael coal mine.

Q1 2016 IJGlobal League Tables

IJGlobal has introduced new infrastructure finance league tables, which capture all transactions relating to energy and infrastructure projects

Gide hires in Morocco

French law firm Gide has hired Wacef Bentaibi as a partner in its Casablanca office in Morocco

Kefi completes economic assessment for Tulu Kapi gold

Kefi Minerals has confirmed the completion of an economic assessment for the Tulu Kapi gold mine project it is developing in Ethiopia, which reveals the potential for underground exploration at the site

EXCLUSIVE Financial close for Malaysia’s Pertama ferroalloys

The sponsors for the Pertama ferroalloys processing plant in Malaysia have drawn on the debt financing having previously signed the deal on 29 December last year

Tiger Resources’ first draw down for Kipoi expansion

Australian-listed Tiger Resources made its first draw down on a $162.5 million refinancing and expansion for its Kipoi copper project in the Democratic Republic of Congo last week, missing its December 2015 target

Appeal against Welsh coal mine refusal

Miller Argent has appealed a decision to refuse the UK coal mining firm permission to develop the Nant Llesg open cast mine project in Wales

Codelco gets RT Sulfuros environmental approval

Chilean mining company Codelco has received environmental approval for the $5.4 billion Radomiro Tomic Sulfuros (RT Sulfuros) sulphide ore mining project

EXCLUSIVE Debt details emerge for Pakistan’s Thar coal

Sindh Engro Coal Mining Company (SECMC) and Engro Powergen Thar Limited (EPTL) signed the financing for the mining and associated power project in Thar, Pakistan on 21 December 2015

Rio Tinto signs Oyu Tolgoi financing

Rio Tinto has signed a $4.4 billion project financing for the underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia

EXCLUSIVE Lenders appointed for Malaysia’s Pertama

The sponsors for the Pertama ferroalloys processing plant in Malaysia have appointed lenders for the roughly $384 million financing

EXCLUSIVE Banks mandated on Indonesia’s Martabe

EMR Capital and its consortium partners have appointed HSBC, Maybank and Sumitomo Mitsui Banking Corporation to lead the financing for its $775 million acquisition of the Martabe mining project in Indonesia

KfW mandated for Malaysian alumina project

Australia's Altech Chemicals has signed an agreement with KfW IPEX to provide $40 million financing for the development of a high purity alumina processing plant in Malaysia