Oil and gas and mining companies raised £1.1 billion in new equity in the 12 months up to the end of September 2021, according to figures in a new study published by accountancy group UHY Hacker Young. The £1.1 billion in new equity raised by natural...
BHP has revealed plans to drastically change its dual listing structure in London, in a move that will automatically trigger the mining giant’s removal from the FTSE 100 index under UK stock market rules. The company will shift its main listing to Sydney, with chairman Ken...
Hochschild Mining has today reported increased silver and gold production in the second quarter of 2021 and reaffirmed its full-year output and cost guidance. The South America-focused precious metals miner said it produced 9.1 million silver-equivalent (Ag eq) ounces in the three months to June, up...
West Africa’s top gold producer – Endeavour Mining – started trading on the London Stock Exchange (LSE) yesterday, in a secondary listing that has been in the works since the company sealed a merger with Teranga Gold in November 2020. Endeavour becomes the largest pure play...
LSE-listed IronRidge Resources has reported additional broad and high-grade lithium pegmatite drill intersections at new targets adjacent to its Ewoyaa Lithium Project (ELP) in Ghana. The mineral exploration firm has already defined a JORC-compliant mineral resource estimate of 14.5 million tonnes (Mt) at 1.31% Li2O in...
Anglo Pacific Group’s recent US$205 million deal for a 70% interest in a stream on cobalt production from the Voisey’s Bay mine in Canada has been described as the ‘transformational acquisition’ that the company has been looking for by its CEO Julian Treger. The LSE and...
Gold miners are increasingly looking towards new avenues of venture capital on the London and New York stock exchanges as they seek to take advantage of surging prices and demand for the safe haven investment. The COVID-19 pandemic has chiefly fuelled a 32% rise in the...
Canada’s Taseko Mines and Australia-based TNG Ltd both announced plans to list on the London Stock Exchange (LSE), in a boost to the market which has recently been weighed down by Brexit-related uncertainty. Copper producer Taseko is already listed in Toronto and New York, but hopes...
LSE-listed miner Sirius Minerals has been forced to cancel a US$500 million bond sale for its large scale potash mine in the UK, throwing the future of the project into doubt. The company blamed poor ‘market conditions – including Brexit and a lack of government support...
Vancouver-based Pure Gold Mining has begun trading on the Main Market of the London Stock Exchange, as the TSX-listed company looks to attract a broader pool of international capital with a secondary listing. Pure Gold is advancing the Madsen Red Lake Gold Mine in Ontario, and...