Mining Industry Market Reports

Glencore has reached agreement with Genesee & Wyoming Australia to sell its Glencore Rail coal haulage business in the New South Wales Hunter Valley for A$1.14 billion.                                                                   The closure of the transaction is subject to FIRB approval. Peter Freyberg, Head of Glencore’s Global Coal Assets, said: “We established GRail in…
GOLDCORP INC is pleased to declare its quarterly dividend for the three month period ended June 30, 2016 of $0.02 per share. Shareholders of record as of the close of business on Thursday, June 16, 2016 will be entitled to receive payment on Friday, June 24, 2016.   Pursuant to…
First Quantum Minerals Ltd. announced that it has completed a new Term Loan and Revolving Credit Facility (the "Facility") with its core relationship banks.                                                    …
First Quantum Minerals Ltd. announced the completion of the sale of the Kevitsa nickel-copper-platinum group elements mine to Boliden AB.                                                            …
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…
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