GILLETTE, Wyo.–(BUSINESS WIRE)–Environmental Protection Agency (EPA) Administrator Scott Pruitt visited the Cloud Peak Energy office in Broomfield, CO to discuss the EPA’s priorities and steps taken during the first six months of the administration and to hear how the end of the Obama administration’s war on coal has positively impacted coal jobs and outlook for the industry. Administrator Pruitt’s remarks focused on his efforts to return the rule of law to the EPA, to bring ‘a degree of humi

LONDRES–(BUSINESS WIRE)–Vedanta Resources plc (la “Compañía” o “Vedanta”) (LSE: VED) anunció hoy el vencimiento y los resultados de sus anteriormente anunciadas ofertas de licitación para comprar en efectivo (las “Ofertas de licitación”) todos los Bonos pendientes a un 6,00% por 774 772 000 USD con vencimiento en 2019, CUSIP: G9328D AH3, ISIN: USG9328DAH38 (Regulación S); CUSIP: 92241T AH5, ISIN: US92241TAH59 (Artículo 144A) (los “Bonos 2019”) y Bonos a un 8,25% por 900 000 000 con vencimient

The value of global merger and acquisition (M&A) activity in the second quarter of 2017 increased by 13% on the previous quarter, to $14.8-billion, and by some 71% on the previous quarter, advisory firm EY reported.

While deal volumes during the quarter declined slightly from 117 deals in the first quarter to 105 deals in the second quarter of 2017, the average deal value increased from $113-million to $139-million, EY’s latest figures show.

Small-scale gold producer Richmont Mines has reported a strong operating and financial performance for the second quarter ending June 30, driven by solid results from its flagship Island Gold mine, in Ontario. The company produced 31 249 oz of gold and sold 35 040 oz in the quarter, with 26 110 oz of gold (29 534 oz sold) produced by Island Gold mine. Richmont’s cash costs for the quarter were $539/oz, positively impacted by Island Gold’s record low cash costs of $431/oz.

National Treasury is set to undertake a forensic investigation into the Tegeta report which it handed over to Parliament’s Standing Committee on Public Accounts (Scopa). The investigation deals with the processes related to coal supply contracts awarded to Gupta-linked Tegeta Exploration and Resources by State-owned power utility Eskom.

TSX- and NYSE-listed gold miner Osisko Gold has declared a third-quarter dividend of C$0.05 per common share, representing a 25% increase from the previous quarterly dividend of C$0.04 per common share. CEO Sean Roosen noted that the continued strong performance of the company’s portfolio of assets and further growth has enabled Osisko to maintain a strong capital position and able to return capital to shareholders.

The South African government is concerned about the various retrenchment announcements issued by mining companies in recent weeks, says Mineral Resources Minister Mosebenzi Zwane. “We continue to urge all stakeholders to be more responsible in how these planned retrenchments are announced, as they impact on thousands of lives and livelihoods,” he noted in a statement issued on Friday.

The High Court of Gauteng, in Pretoria, on Friday made an agreement reached between the Chamber of Mines (CoM) and the Department of Mineral Resources (DMR) that Mineral Resources Minister Mosebenzi Zwane would withdraw his proposed moratorium on the processing of new mining rights, an order of the court. The DMR withdrew plans to impose a moratorium on granting and renewing mining rights and will explore other measures to ensure companies are compliant with the industry charter.

LONDRES–(BUSINESS WIRE)–A Vedanta Resources plc (a “Empresa” ou “Vedanta”) (LSE: VED) anunciou hoje o vencimento e os resultados de suas propostas previamente anunciadas de compras em dinheiro (as “Ofertas de Compra”) de todos seus títulos em circulação de 6% de US$ 774.772.000 até 2019, CUSIP: G9328D AH3, ISIN: USG9328DAH38 (Regulamento S); CUSIP: 92241T AH5, ISIN: US92241TAH59 (Regulamento 144A) (os “Títulos 2019”) e títulos de 8,25% de US$ 900.000.000 até 2021, CUSIP: G9328D AG5, ISIN: USG

Canadian gold streaming and royalty company Sandstorm Gold has reported a slight increase in attributable gold equivalent production and revenue for the second quarter of 2017. The company attributed this to increases from the company’s silver and copper stream from the Chapada mine in Brazil, as well as additional gold equivalent ounces sold from the Emigrant, Bachelor Lake and Black Fox mines, in Canada.

TSX-V-listed Diamcor Mining reported earnings revenue of $5.93-million from the sale of 32 627.97 ct of rough diamonds at an average price of $136.89/ct in the financial year ended March 31. This compared with revenue of $4.47-million earned in the prior financial year from the sale of 24 068.01 ct of diamonds at an average price of $139.74/ct.

South Africa’s Department of Mineral Resources (DMR) has approved the transfer of all TSX- and NYSE-listed Platinum Group Metals’ (PTM’s) Waterberg prospecting rights to a dedicated joint venture (JV) corporation, Waterberg JV Resources. Platinum Group Metals RSA, which is 100% owned by PTM, holds a 45.65% direct interest in the Waterberg project, which is located in the northern limb of the Bushveld Complex. The Japan Oil, Gas and Metals National Corporation (Jogmec) holds a 28.35% direct interest in the project and black economic empowerment partner Mnombo Wethu Consultants a direct 26% interest.

TOKYO–(BUSINESS WIRE)–Keigo Matsubara, CFO of Mitsui & Co., Ltd. (TOKYO: 8031, ISIN: JP3893600001) hosted an analyst conference on Thursday August 3, 2017 to announce financial results for the three-month period ended June 30, 2017. An audio webcast of this conference is now available at: http://www.mitsui.com/jp/en/ir/meeting/account/index.html About Mitsui & Co., Ltd. Mitsui & Co., Ltd., together with its subsidiaries, is one of the largest general trading companies in Japan. Wi

CHICAGO–(BUSINESS WIRE)–Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today announced its offer to exchange certain of its outstanding unregistered notes for new registered notes in accordance with the terms of its registration rights agreement with existing holders of those notes. Under the exchange offer, Coeur is offering to exchange (the “Exchange Offer”) up to $250,000,000 aggregate principal amount of its 5.875% Senior Notes due 2024 registered under the Securities Act of 19

Vancouver-based diamond producer Lucara Diamonds, which operates the Karowe mine, in Botswana, has lowered its full-year production guidance to between 265 000 ct and 285 000 ct, compared with the previously targeted 290 000 ct to 310 000 ct, as a result of lower mined ore volumes in the second quarter. The diamond miner pointed out that mining contractor Aveng Moolman had experienced equipment availability issues at the start of the quarter, ended June 30, resulting in lower-than-planned mined ore volumes.

Rescue teams are searching for 16 workers missing in a mine owned by Russian diamond miner Alrosa after the pit flooded on Friday, the company said.

A total of 102 miners have been already brought to the surface and another 33 miners have been located and are in the process of being evacuated, Alrosa said.

Mexico-focused silver producer Endeavour Silver has reported a 26% year-on-year decrease in silver production for the second quarter ended June 30, while silver ounces sold decreased by 34%. The NYSE- and TSX-listed company said in a statement on Thursday that financial performance during the period was impacted by lower production and increased exploration and development activities compared with the previous year. Endeavour generated revenue totalling $32.7-million  in the period under review, and sold 988 821 oz of silver and 13 058 oz of gold at realised prices of $17.16/oz and $1 270/oz respectively.

PITTSBURGH–(BUSINESS WIRE)–Calgon Carbon Corporation (NYSE: CCC) (Calgon Carbon or the Company) announced results for the 2017 second quarter that ended on June 30, 2017. Net sales for the second quarter of 2017 were $153.0 million, an increase of $20.4 million or 15.4% compared to net sales of $132.6 million for the second quarter of 2016. The increase is primarily attributable to $24.4 million of net sales contributed by the New Business (the wood-based activated carbon and filtration media

The National Union of Mineworkers (NUM) is set to embark on a protest march to AngloGold Ashanti’s head office in downtown Johannesburg on Saturday. NUM spokesperson, Livhuwani Mammburu, said the march was against the company’s decision to issue a Section 189 process notice to retrench 8,500 workers at its operations in Matlosana and Carletonville regions.

TSX- and NYSE-listed midtier gold miner Alamos Gold made significant gains in the second quarter ended June 30, with record production and lower costs driving the highest combined free cash flow in years from the company’s operations. Alamos produced a quarterly record 105 900 oz at cost of sales of $1 053/oz, which included record gold production of 47 300 oz from its Young-Davidson underground mine, in Northern Ontario, Canada, as well as continued strong performance at Mulatos mine, in Sonora, Mexico, which produced 41 000 oz in the quarter.

JOHANNESBURG (miningweekly.com) – Canadian precious metals and base metals miner Hudbay Minerals achieved a net profit of $25.6-million and earnings a share of $0.11 for the three months ended June 30, compared with a net loss of $5.7-million and a loss a share of $0.02 in the second quarter of 2016. For the quarter, operating cash flow before change in noncash working capital increased to $124.1-million from $80.6-million during the first quarter and $69.5-million in the second quarter of 2016.

LONDRES–(BUSINESS WIRE)–Vedanta Resources plc annonce l’expiration et les résultats de ses offres publiques d’achat à titre principal de la totalité de ses obligations à 6 % pour un montant total de 774 772 000 dollars venant à échéance en 2019 et de ses obligations à 8,25 % pour un montant total de 900 000 000 dollars venant à échéance en 2021 Vedanta Resources plc (la « Société » ou « Vedanta ») (LSE: VED) a annoncé aujourd’hui l’expiration et les résultats de ses offres publiques d’achat p

While production at Asanko Gold’s Ghana-based operations was lower in the second quarter of 2017 compared with the first quarter, the second quarter did see some “positive wins” for the Canadian junior miner, according to CEO Peter Breese.  He noted that the company had reduced its all-in sustaining costs (AISC) to $930/oz from $956/pz quarter-on-quarter, owing to decreases in mining costs and sustaining capital.

Long-serving Gemfields executive board member Sean Gilbertson, who was recently appointed executive director of Pallinghurst, is the new CEO of Gemfields, the coloured gemstone mining and marketing company that has delisted from the London Aim and is now an unlisted subsidiary of Pallinghurst. After almost a decade with Gemfields and Kagem, Gilbertson will be working with a new board, dominated by Gemfields veterans, the company said in a release to Creamer Media’s Mining Weekly Online.   As longest-serving executive director of Gemfields, Gilbertson replaces former CEO Ian Harebottle, who has resigned to pursue other business interests.

LONDON–(BUSINESS WIRE)–Vedanta Resources plc meldet Ablauf und Ergebnisse des Barangebots für alle und jegliche seiner 6,00%-Anleihen mit Fälligkeit im Jahr 2019 im Wert von 774.772.000 US-Dollar und seiner 8,25%-Anleihen mit Fälligkeit im Jahr 2021 im Wert von 900.000.000 US-Dollar Vedanta Resources plc (das „Unternehmen“ oder „Vedanta“) (LSE: VED) meldete heute den Ablauf und die Ergebnisse seiner bereits angekündigten Angebote für den Erwerb gegen Barzahlung (die „Angebote“) aller und jegl

BHP Billiton is looking for ways to shore up power supply and bring down power costs at its Olympic Dam copper mine in Australia, as it plans to expand following a string of electrical outages, the mine’s head said on Friday.

The mine has been badly hit by an energy crisis in Australia stoked by the rapid rise of wind power and closure of coal-fired power plants. This has destabilised the national grid and soaring natural gas prices have driven up power tariffs.

Results from an optimisation study at the Century zinc mine, in Queensland, has confirmed a recovery range of between 60% and 64% for the proposed tailings project.

ASX-listed New Century Resources is currently investigating a restart feasibility study to recommission the existing seven-million-tonne-a-year processing plant through the initial treatment of tailings, before examining other primary ore sources.

Gold miner Evolution Mining will subscribe for A$2.5-million in the upcoming initial public offering (IPO) of gold explorer Riversgold.

Riversgold, which is led by Doray Minerals founder Allan Kelly and former Sirius Resources executive director Jeff Foster, was looking to build a portfolio of high quality mineral projects through both exploration and acquisition.

The Queensland government on Friday revealed that exports from the state reached a record A$65.9-billion over the last 12 months.

Treasurer and Minister for Trade and Investment Curtis Pitt said a significant rise in the value of coal exports was the primary driver behind Queensland setting another record export total but exports of some agricultural commodities also rose in value.

Ray Hatfield Jr. was six months into his latest coal job when he was crushed to death in a Kentucky mine. Hatfield, a 23-year industry veteran, was cleaning a conveyor belt that shuttled coal to the surface of the Appalachian mine on the morning of Jan. 26. When his clothing got caught, he was pulled into the machine and killed. Hatfield, 42, left behind a wife and three kids.

The world’s biggest iron-ore miner is getting closer to snapping an equity-market drought that has stretched nine years. If its voluntary share-conversion is successful, Vale SA will be able to tap the stock market to fund investments rather than relying on debt, Chief Financial Officer Luciano Siani Pires said in an interview Thursday. The last time Vale sold stock was an $11.5-billion transaction in July 2008, at the time the biggest ever share offering by a Brazilian company.

LONDRA–(BUSINESS WIRE)–Vedanta Resources plc (la “Società” o “Vedanta”) (LSE: VED) ha annunciato in data odierna la chiusura e i risultati delle OPA totalitarie precedentemente annunciate (le “OPA”) di 774.772.000 USD in obbligazioni con cedola del 6,00% in scadenza nel 2019, CUSIP: G9328D AH3, ISIN: USG9328DAH38 (Reg S); CUSIP: 92241T AH5, ISIN: US92241TAH59 (norma 144A) (le “Obbligazioni 2019”) e 900.000.000 USD in obbligazioni con cedola dell’8,25% in scadenza nel 2021, CUSIP: G9328D AG5,

The Romanian National Agency for Mineral Resources has endorsed the mining licence for the Rovina Valley project and has initiated the ratification process, TSX-listed Euro Sun reported on Thursday. The process would take about 90 days to complete.

LONDON–(BUSINESS WIRE)–Vedanta Resources plc (the “Company” or “Vedanta”) (LSE: VED) today announced the expiration and results of its previously announced tender offers to purchase for cash (the “Tender Offers”) any and all of its outstanding US$ 774,772,000 6.00% Bonds due 2019, CUSIP: G9328D AH3, ISIN: USG9328DAH38 (Regulation S); CUSIP: 92241T AH5, ISIN: US92241TAH59 (Rule 144A) (the “2019 Bonds”) and US$ 900,000,000 8.25% Bonds due 2021, CUSIP: G9328D AG5, ISIN: USG9328DAG54 (Regulation

Global gold demand experienced an expected slowdown in the first half of this year after a rollercoaster 2016 which saw a record level surge in demand from exchange-traded funds (ETFs). The World Gold Council’s (WGC’s) latest Gold Demand Trends report showed a 14% contraction in demand in the first half of this year to 2 004 t, attributed almost exclusively to the lower ETF inflows, leaving in its wake a somewhat “different” set of demand drivers as the market normalises.