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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

Euromax lines up stream for Ilovitza copper-gold

Euromax Resources has signed a $175 million streaming agreement with Royal Gold for its Ilovitza copper-gold project in the Republic of Macedonia

Liquidation looms for London Mining

Stricken iron ore miner London Mining has said that it will not remain in business following any restructuring of its operations

Rio Tinto closes on Mozambique coal asset disposal

Global mining company Rio Tinto has completed the sale of several Mozambique assets to International Coal Ventures Private (ICVP) – a consortium of major Indian investor

Kefi assembles financing for Tulu Kapi gold mine

London-listed Kefi Minerals has outlined its development and financing plan for the Tulu Kapi gold mine project in Ethiopia, a month after taking full control of the asset

Oyu Tolgoi debt commitments lapse

Debt commitments on the Oyu Tolgoi mine in Mongolia have lapsed after sponsor Rio Tinto and the Mongolian government failed to resolve outstanding issues over the project’s development by 30 September 2014

True Gold draws on stream for Karma mine

True Gold has made a first $37 million draw on a $100 million streaming financing for its Karma gold mine in Burkina Faso

Armadale completes acquisition of Mpokoto Gold

Armadale Capital has completed the acquisition of Kisenge Limited, which owns a majority stake in the Mpokoto gold project and the rights to a large number of mining licences in the Democratic Republic of Congo

Kazakhmys picks contractor for Aktogay copper

UK-listed mining and power group Kazakhmys has awarded the contract for the installation of a sulphide concentrator at its Aktogay copper project in Kazakhstan

Oyu Tolgoi feasibility study completed

Sponsor Rio Tinto has completed a feasibility study into the delayed second stage of the Oyu Tolgoi mine in Mongolia

Aspire completes capital raise for Mongolian exploration

Australian listed Aspire Mining has completed a capital raising of approximately $2.2 million to aid a study into reserves at the proposed Nuurstei Coal project in Mongolia

Wolf Minerals to make first draw on Hemerdon tungsten

Wolf Minerals has satisfied the conditions precedent to making a first draw on the £75 million ($122 million) debt financing for its Hemerdon tungsten project in south-western England

Rio Tinto settles Oyu Tolgoi mine tax dispute

Sponsor Rio Tinto has settled a tax dispute with the Mongolian government over the planned second phase of the $6.5 billion Oyu Tolgoi copper mine in Mongolia, the country’s vice-minister of mining, Oyun Erdenebulgan has said

Nepal seeks EOIs for fertilizer project study

The Investment Board of Nepal (IBN) is requesting expressions of interest (EOI) from international firms to undertake a feasibility study for a proposed Ammonia-Urea chemical fertilizer plant in Nepal

Pershimco promotes as Cerro Quema gold advances

Pershimco Resources has named Pierre Monet vice-president, finance, as it works to bring its Cerro Quema project in Panama to construction

Fresnillo to buy out Newmont on Penmont gold JV

Mexican precious metals miner Fresnillo will pay $450 million to buy out the remaining 44% of the Penmont joint venture it does not already own