";s:4:"text";s:6564:" The recently expansive Equinox has been hit with $86.4M worth of fair value changes resulting in a Q2 20 $58.7M loss from a $10.9M profitAustralian sentiment on Chinese foreign investment to be tested by Chinese private company Tangshan’s application for approval to take $130M stake in high-grade West Australian zircon and ilmenite project.The impact of Covid-19, Porgera’s move to C&M and other major maintenance operations have pushed Barrick Gold’s Q2 20 profit down $43M to $357MThe surge in gold prices has helped global miner AngloGold Ashanti finish a turbulent June half-year by increasing adjusted EBITDA by 59% year-on-year to $US1.16B and free cash-flow by 671% to $177M from a $31M outflow in the corresponding period.Endeavour Mining $63M turnaround to a $37M Q2 20 loss as it assimilates its recent acquisition of SEMAFO. Australia’s Metro Mining Ltd announced yesterday that it had acquired Gulf Alumina Ltd’s remaining shares, and that it would begin the process of combining …
It is the first supplementary target’s statement (First Supplementary Target’s Statement) issued by Gulf Alumina Limited (ACN 108 086 371) (Gulf) in relation to the off-‐market takeover bid to acquire all the ordinary shares in Gulf by Metro Mining Limited ACN 117 763 443 (CORONAVIRUS)
He argues drastic cures such as abandoning fossil fuels will be worse than the disease, increasing poverty without effective outcome.
Partners Gold Fields and Gold Road celebrate an ‘outstanding achievement’ in the first year of production as their Gruyere gold mine in Western Australia’s North-Eastern Goldfields achieves record June quarter production.Record cash flows as gold-silver-copper miner Evolution Mining sees FY 20 gold-silver down, copper up and higher costs.Antofagasta Q2 20 copper production down 8.4%, gold down 29.3%, costs up 2.7%Full access to Mining Business Media's unique blend of global mining sector news and commentary is available by subscription only.Metro has established a 144.8Mt DSO global resource at 49.2% Al2O3 and 13.9% SiO2 at the Bauxite Hills project on Australia's Cape York Peninsula after finalising the acquisition of Gulf Alumina and its neighbouring Skardon River project.Australian developer Metro says it will be fully funded to a decision to mine at its Bauxite Hills mine at Cape York in Qld from a planned $A52.4M equity raising comprising a $15.9M institutional placement and $36.5M 1-for-2 entitlement offer. Moly, which was delisted in 2013 for lack of activity, has been told its application for readmission will be refused if it acquires Gulf.Australian miner Moly has expressed frustration after the ASX warned it would refuse the company's application for re-admission after expressing concerns over the perceived influence of its 54% shareholder, the controversial Chinese-backed Hanlong Mining.Metro Mining aims to build itself into a leading independent Australian listed bauxite company after privateer Gulf Alumina gave its unanimous backing to the company's takeover offer.Unlisted Australian bauxite project developer Gulf Alumina has again rebuffed would-be suitor Moly Mines, telling the diversified miner/explorer that its revised bid of last week does not match the offer it has already accepted from its neighbour in the Cape York bauxite region, Metro Mining.Australian miner Moly has come back with another attempt to beat bauxite developer Metro Mining's currently favoured bid for unlisted Gulf Alumina, arguing it's better equipped to develop Gulf's Skardon River advanced bauxite project in Qld. Pursuant to section 657D(3) of the Corporations Act 2001 (Cth) The Panel Orders.
Metro Mining says that the agreement means acquiring the shares held by four long-term Gulf shareholders. Bjorn Lomborg agrees mankind must solve climate change, a solution that must inevitably include massive investment, but from there his views diverge violently from those of global warming activists. The Company proposes using a hydrochloric acid leaching and precipitation process to produce High Purity Alumina (HPA) from fine particle kaolin mined from within its … The final orders made on 11 March 2016, as varied on 21 March 2016 and 1 April 2016, are further varied by: Replacing the words “as soon as practicable after receiving the report” with “by no later than 9 May 2016” in paragraph 2(d). John Feary reportsDespite a horror Q2 20 with COVID-19 hit gold production down, costs up and FY/CY20 guidance cut, Alamos Gold has managed a $24M turnaround to $11.7M profit. (CORONAVIRUS)
(CORONAVIRUS)
Alumina Limited represents a unique opportunity for a pure investment in the western world’s largest alumina and bauxite producer, AWAC. Watch this spaceEldorado Gold has emerged from its COVID-19 precautions with a June 2020 qtr $45.6M profit from the previous qtr’s $5M lossMine resuscitation specialist Bluebird Merchant Ventures presses for an opportunity to take out JV partner Southern Gold’s stake in Gubong and Kochang gold mines in South Korea.Increased Q2 20 gold production from all 3 operations has lifted net profit to $80.7M from the previous qtr’s $20M.Capstone Mining has shuffled off some minor COVID-19 limitations to jump to a Q2 20 $4.3M profit from the previous qtr’s $22M lossThe ramifications of the global COVID-19 pandemic has cut gold major Newmont’s Q2 20 net income in half on increased costs and lower productionA COVID-19 unscathed Kinross Gold has lifted its Q2 20 profit to $195.7M on the back of its 3 biggest and lowest costs minesLundin Mining is forging ahead, with minimal problems from COVID-19 and turning a Q1 20 $111.5 loss into a Q2 20 $38.7M profitFYCY 20 copper-gold-nickel expectations have been cut again following lower Q2 20 production and an increased loss in the wake of the COVID19 pandemicAustralian iron ore major Fortescue says strong Chinese demand and the success of its integrated production and marketing strategy will sustain its Pilbara operations after its record performance in FY20. The final orders made on 11 March 2016 are varied by deleting ‘6 business days’ and substituting ‘8 business days’ in order 3.The final orders made on 11 March 2016, as varied on 21 March 2016, are further varied by adding “, or as varied from time to time” in the definition of ‘Metro offer’.The final orders made on 11 March 2016, as varied on 21 March 2016 and 1 April 2016, are further varied by: “4. Gulf Alumina conducts its business in Australia. ";s:7:"keyword";s:20:"gulf alumina limited";s:5:"links";s:3311:"Bon Secours St Francis,
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