Sentences with phrase «of mining assets»

Advised this gold production and exploration company on its AIM IPO and subsequent secondary fundraisings and on its acquisition of mining assets in Argentina and associated royalty exchange.

Local IT company Synergy Equities Group has reached a settlement to dispose of the last of its mining assets in a deal it says will allow for a greater focus on its core technology business.

Not exact matches

As a potential source of spectrum, mining the available assets, the value is something else.

If Rio Tinto decides to opt out of diamond mining, it may choose to sell all of its assets together, but it's possible that the Diavik stake could be sold separately, with Dominion considered a likely bidder.

The scion of the famed Lundin Group, which controls almost $ 12 billion in mining company assets, placed Lamb in charge of Lucara, a non-producing shell company.

Rio Tinto is reportedly reassessing its mining activities (in addition to its Diavik stake, its diamond assets include Australia's Argyle mine, the Murowa mine in Zimbabwe, and Bunder, an advanced project in India) and is expected to make a decision on them by the end of the year.

Their proclamations substantially risk devaluating a major asset of mine.

Chris Beer, vice-president and senior portfolio manager of global equities for RBC Global Asset Management, points to Kinross's $ 7 - billion purchase of Red Back Mining in 2010.

Perth - based Altona Mining has agreed to sell all of its Finnish operations and most of its exploration assets to Swedish miner Boliden Mineral AB for about $ US95 million.

Perth - based Altona Mining announced the completion of its $ US95 million Finnish assets sale to Swedish miner Boliden Mineral AB and has received $ US89.2 million in cash as the first tranche of payment.

Gold company Evolution Mining has finalised its purchase of La Mancha Resources» Australian assets and secured $ 100 million in financial firepower to continue its growth opportunities.

Macmahon Holdings has reported a net loss of $ 217.9 million for the financial year, on the back of impairments to its assets during what has been a tough time for contractors and mining services firms.

Copper producer Aditya Birla Minerals has flagged impairment charges in the range of $ 175 million to $ 225 million in its upcoming half - year financial report, resulting from mining set - backs, potential asset divestments, and devaluation of its heap leach inventory.

It is hard to find a winner in the coal - mining industry these days but some investors were quick to spot a Perth - based winner yesterday in the form of Wesfarmers, which saw the value of its coal assets boosted by a deal in the Hunter Valley of NSW.

The Chinese have been active recently in both the mining and the broader Canadian resource sector, and they will continue to be, trying to cycle their vast sums of capital into hard assets as fast as they can.

In particular, this report happened to delve into trends in asset tracking, which doesn't sound sexy but is actually a major factor in the evolution of industries as diverse as tourism, mining, and healthcare.

Franco - Nevada Corp. (FNV: $ 44.16) A royalty company that buys interests in a diversified range of gold mines as well as interests in oil and gas and other assets.

The loss was largely due to a $ 916 million impairment charge on its long - lived assets, stemming both from a major tax and export dispute between its 64 - per - cent owned Acacia Mining and the Tanzanian government, and the partial writedown of its Pascua Lama project after the Chilean government ordered it to close all surface facilities.

Brazilian miner Vale S.A. already produces cobalt in Canada as part of a nickel concentrate from its Voisey's Bay mine in Labrador, while Agnico Eagle Mines Ltd. owns dormant cobalt - related assets in northern Ontario.

Cameo continues to expand its project portfolio with undervalued battery metal assets with recent acquisitions such as the Staghorn Cobalt claims located north of the famed Voisey's Bay mine in Labrador.

Executives who made that blunder of an acquisition are gone, and current CEO Laurenco Goncalves has sold off those assets, focused operations around its iron ore mines in the U.S. and Australia, and trimmed Cliffs net debt load to a manageable $ 1.35 billion.

The company wants to secure producing assets abroad as it juggles depleting mines and heightened environmental scrutiny at home with growing demand in the world's biggest buyer of the metal.

Sources out of Russia have related that the Finance Ministry proposed adding a ban on the mining of cryptocurrency to forthcoming legislation that would regulate digital assets and other features of the blockchain space.

Highly geared and ASX - listed Yancoal paid $ US2.69 billion ($ 3.6 billion) for the assets last year, but swiftly struck a deal to on - sell 49 per cent of the HVO mine to Glencore, which had long carried a torch for the Rio Tinto assets.

Deputy Finance Minister Alexei Moiseev told reporters that, «We categorize mining as a business activity» and went on to explain that because the proposed law contains no specific guidance on mining taxation, conventional tax laws will apply to the proceeds of digital asset mining operations.

Crypto Stake Coin or CSC is a fully managed asset that is backed by a basket of POS coins, we are also hedged with a small amount of POW mining.

Mining stocks are an extremely volatile asset class where the odds of any investor getting into a story, experiencing impressive gains, only to then take a round trip back to break - even... and finally into NEGATIVE territory are actually quite high (sadly)... In fact, that dreaded rollercoaster ride where you see all your once «hefty» profits in any single position later eviscerated into NOTHING is something that I've experienced more often than I'd like to admit...

Under normal market conditions, the Gold and Precious Metals Fund will invest at least 80 percent of its net assets in equity securities of companies predominately involved in the mining, fabrication, processing, marketing, or distribution of metals including gold, silver, platinum group, palladium and diamonds.

One of the main problems, says the head of Chile's Mining Society, Diego Hernández, is miners have no incentives to do anything with the assets they already own and is very cheap to keep them.

They also hold highly diversified portfolios of mines and other assets, which helps mitigate concentration risk in the event that one of the properties stops producing.

It has even recovered the value of a $ 2 billion preferred equity investment into the holding company of bankrupt Brazilian tycoon Eike Batista by claiming assets including a Colombian gold mine and a key port.

While the traditional cloud mining business model seems to be broken by the need for trust or third - party services, GetHashing introduces a whole new model of crowd cloud mining entirely built around the blockchain technology and the Open Assets Protocol.

When market conditions favor wider diversification in the view of Hussman Strategic Advisors, Inc., the Fund's investment manager, the Fund may invest up to 30 % of its net assets in securities outside of the U.S. fixed - income market, such as utility and other energy - related stocks, precious metals and mining stocks, shares of real estate investment trusts («REITs»), shares of exchange - traded funds («ETFs») and other similar instruments, and foreign government debt securities, including debt issued by governments of emerging market countries.

News wrap - up and releases from the worlds of mining, energy production and metal production: Essential Assets.

On a large scale, these companies are pursuing what many people have been doing with computers in their basements for years: mining for a digital asset that is now trading at around 13 times the price of an ounce of gold.

Under normal market conditions, the World Precious Minerals Fund will invest at least 80 % of its net assets in common stock, preferred stock, convertible securities, rights and warrants, and depository receipts of companies principally engaged in the exploration for, or mining and processing of, precious minerals such as gold, silver, platinum group, palladium and diamonds.

Yet, despite the reality of PM Mining Stocks being the best performing asset class by far in the stock world this year, nearly every commercial bank and commercial brokerage fund manager completely avoids the asset class of Precious Metal mining stocks like it is kryptonite, and in fact, most of the time, refuses to even acknowledges the existence of this unique asset class, despite a supposed commitment to diversificMining Stocks being the best performing asset class by far in the stock world this year, nearly every commercial bank and commercial brokerage fund manager completely avoids the asset class of Precious Metal mining stocks like it is kryptonite, and in fact, most of the time, refuses to even acknowledges the existence of this unique asset class, despite a supposed commitment to diversificmining stocks like it is kryptonite, and in fact, most of the time, refuses to even acknowledges the existence of this unique asset class, despite a supposed commitment to diversification.

Holdings in the funds mentioned as a percentage of net assets as of 06/30/2014: Klondex Mines Ltd. (1.34 % in Global Resources Fund, 6.58 % in Gold and Precious Metals Fund, 6.60 % in World Precious Minerals Fund); Comstock Mining Inc. (3.57 % in Gold and Precious Metals Fund, 2.12 % in World Precious Minerals Fund); Franco - Nevada Corp. (0.53 % in All American Equity Fund, 2.21 % in Global Resources Fund, 2.45 % in Gold and Precious Metals Fund, 0.55 % in Holmes Macro Trends Fund, 1.16 % in World Precious Minerals Fund); Royal Gold Inc. (0.58 % in All American Equity Fund, 2.18 % in Global Resources Fund, 3.14 % in Gold and Precious Metals Fund, 0.59 % in Holmes Macro Trends Fund, 0.91 % in World Precious Minerals Fund).

After that, the prolonged correction of underlying assets (gold and silver) put pressure on the mining stocks.

Holdings in the funds mentioned as a percentage of net assets as of 09/04/2014: Alamos Gold, Inc. (0.04 % World Precious Minerals Fund); Anadarko Petroleum Corp. (2.11 % Global Resources Fund); Argonaut Gold (0.00 %); AuRico Gold, Inc. (1.85 % in Gold and Precious Metals Fund, 0.41 % World Precious Minerals Fund); B2Gold Corp. (0.00 %); Canadian Natural Resources, Ltd. (1.59 % Global Resources Fund); Cimarex Energy Co. (1.80 % Global Resources Fund); Detour Gold Corp. (0.00 %); Deutsche Bank (0.00 %); Devon Energy Corp. (1.82 % Global Resources Fund); JUMBO S.A. (0.00 %); Klondex Mines, Ltd. (7.76 % Gold and Precious Metals Fund, 7.51 % World Precious Minerals Fund, 1.22 % Global Resources Fund); Market Vectors Junior Gold Miners ETF (0.16 % Gold and Precious Metals Fund, 0.17 % World Precious Minerals Fund); Peyto Exploration & Development Corp. (1.31 % Global Resources Fund); Primero Mining Corp. (0.05 % Gold and Precious Metals Fund, 0.02 % World Precious Minerals Fund); Suncor Energy, Inc. (2.13 % Global Resources Fund); Tsakos Energy Navigation, Ltd. (0.00 %); Türk Telekom (0.00 %); Turkcell (1.79 % Emerging Europe Fund).

David Harquail, chief executive officer of Franco - Nevada Corp., said earlier Monday that the gold industry continues to be in an ex-growth phase where new mining projects are simply replacing older assets that are running out of ore.

Consider that despite the stellar performance of gold mining stocks this year that have been, by far, the strongest performing asset class of 2016 (along with silver mining stocks), and that even with the massive growth in market cap of PM stocks during H1 2016, the total market cap of all the mining stocks that comprise the HUI Gold Bugs index, as of 2 August 2016, is still barely larger than 1/3 the market cap of Facebook and Amazon.

One feature hindering investment in both the NSW and Queensland coal industries is the fragmented ownership of the supply - chain assets; a large number of mines share mostly state - government - owned rail and port infrastructure.

Probe's principal asset is the 100 % - owned Borden Gold project located near Chapleau in Ontario, approximately 160 kilometers west of Goldcorp's Porcupine mine.

But today, Marc Faber sees mining companies as one of the only few asset class left with very big upside potential.

May 3 - Rising costs start to squeeze American businesse CNN Money May 3 - Home Prices Jump Again And «$ 3 Gas Is Coming» Dollar Collapse May 3 - Gold price claws its way higher on Fed meeting and geopolitics Gold - Eagle May 2 - Q&A on SS Central America Gold Coins CoinWeek May 2 - Goldman says case for owning commodities has «rarely been stronger» than it is now CNBC May 2 - Gold, Silver See Corrective Bounces Ahead Of FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or CollectiblOf FOMC Statement Kitco May 1 - Gold Eagle Sales Still Faltering While Mining Output Collapses — Perfect Storm Daily Coin May 1 - Relentless USD Rally Is Precious Metal Kryptonite GoldSeek Apr 30 - Venezuelan Inflation: The Demise of Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectiblof Fiat Currency in Real Time GoldSilver Apr 30 - Silver Market Update Clive P. Maund Apr 27 - Finest 1913 Liberty Head 5 - cent coin will headline ANA auction Coin World Apr 27 - PCGS security features help police nab suspects in robbery case Coin Update Apr 27 - The Most Famous Coin of Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectiblof Antiquity — the Athenian Owl Coin Week Apr 27 - Gold gains but remains vulnerable after Korean leaders meet Reuters Apr 26 - The Era of Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectiblof Very Low Inflation and Interest Rates May Be Near an End NY Times Apr 26 - What Is Gold: Asset, Commodity, Currency Or Collectible?

Noting that the transaction was the first of its kind for the company following its initial public offering, Hutchison added that it «is consistent with its strategy to acquire royalties and streams on cobalt - related assets in established, stable mining districts.»

The NICO Project is a development stage primary cobalt asset consisting of a planned mine, mill and concentrator in the Northwest Territories and hydrometallurgical refinery in Saskatchewan to produce cobalt sulphate, gold, bismuth ingot and oxide, and copper cement.

But there are some hints that Rio could use its fortress of a balance sheet to start investing in other mining assets.

Together with an enhanced exploration budget of $ 125 - million, the objective of Beyond 20/20 is to maximise the net asset value of our existing mines and projects by continuing to grow low - cost gold production from our growing gold reserves,» Goldcorp president and CEO David Garofalo said in a statement.