Mining Industry Market Reports

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…
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)…
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