Mining Industry Market Reports

ALROSA’s Q1 2016 revenue totaled RUB 102.3 bn, which is an increase of 37% y-o-y. This growth was associated with a favorable diamond market environment that contributed to an increase in diamond sales by 34% in Q1 2016 vs Q1 2015.   EBITDA grew by 38% vs Q1 2015 and…
Freeport-McMoRan Inc announced that it has completed its previously announced sale of a 13 percent interest in its Morenci unincorporated joint venture to Sumitomo Metal Mining Co. Ltd. (SMM) for cash consideration of $1.0 billion. The transaction has an effective date of May 31, 2016.   The Morenci unincorporated joint…
Anglo American plc announces the value of rough diamond sales for De Beers’ fourth sales cycle of 2016, amounting to $630 million, compared with the $666 million value of the third sales cycle of 2016.   (1) Cycle 4 2016 provisional sales value represents sales as at 23 May 2016.(2)…
Silver Standard Resources Inc and Claude Resources Inc are pleased to announce the receipt of the required shareholder approvals for the previously announced Plan of Arrangement ("Arrangement").                                              …
KEFI Minerals the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Federal Democratic Republic of Ethiopia, is pleased to report that, further to the Company’s announcement of 11 November 2015, it has received formal confirmation from the Government of Ethiopia of its commitment…
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