Saturday, July 26, 2014
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TWP Holdings' Story of Platinum DVD

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Mining Weekly Headlines

  • Freeport set to resume Indonesian copper exports
    Freeport-McMoRan clinched a deal with the Indonesian government on Friday allowing the miner to resume copper concentrate exports from the country, effectively ending a six-month tax dispute and paving the way for more miners to follow suit. Freeport, which is expected to export 756 000 t of copper concentrate in the...
  • US sets duties on ferrosilicon from Venezuela, not Russia
    The US Department of Commerce on Friday confirmed final import duties on ferrosilicon from Venezuela and found no dumping of products from Russia, upholding an earlier decision. Final dumping margins on ferrosilicon, used as an alloying agent in the production of steel and cast iron, were set at 22.84%, slightly lower...
  • Major Drilling expands services underground
    Canadian drilling equipment and services provider Major Drilling this week announced its entry into the underground percussive/longhole drilling sector with an agreement to buy Taurus Drilling Services for C$27.7-million. The Moncton, New Brunswick-based driller on Monday said that Taurus was operating in Canada, the US and Mexico, providing underground percussive/longhole drilling...
  • Osisko Gold Royalties buys into NioGold for C$4.9m
    The TSX-V-listed stock of junior exploration firm NioGold Mining on Friday soared by as much as two thirds after announcing a C$4.9-million private-placement financing with Osisko Gold Royalties. Vancouver-based NioGold said that Osisko would buy 14-million flow-through shares of NioGold at a price of $0.35 each.