Facts ‘n’ figures – Potash bid tops Q2 M&A activity: KPMG report
The following is an edited excerpt from KPMG’s Mining M&A Quarterly Newsletter. For more information and to see the full report visit www.kpmg.com
2015
Suppliers news: DRA to design ship-mounted plant, partners with BGC in Australia
Engineering and project delivery firm DRA has signed a contract to carry out the detail design of a ship-mounted processing plant for Nautilus Minerals’ (TSX: NUS; US-OTC: NUSMF) Solwara 1 seafloor copper-gold project, off the coast…
Suppliers news: Wolseley Industrial shakes things up
Wolseley Industrial Canada (WIC) has had a busy summer, announcing in July that it has acquired QIP Equipment and sold a business division to Emco.
Suppliers news: Safety, productivity to drive vehicle investments at North American mines: Timetric
A survey of 100 mine managers shows firms in North America are planning to invest in vehicle-related technologies.
Suppliers news: Gowlings and WLG to join forces
Canadian legal firm Gowlings and U.K-based Wragge Lawrence Graham & Co. (WLG) plan to mergee. The combined company is set to launch in January 2016, and will be branded Gowling WLG.
Suppliers news: Thiess signs contract in Chile
Queensland, Australia-based contract miner Thiess has landed a A$137-million contract for work at Antofagasta’s Encuentro Oxides open-pit copper project under development in Chile.
TSX Venture drops, Aug. 3-7
The S&P/TSX Venture Composite Index dropped 1.2%, or 166 points, to 576.6. Base metals declined across the board after a U.S. employment report showed recovery in the U.S. labour market that could lead to higher interest rates from the U.S….
Editorial: Do FIFO operations aggravate mental health problems?
Worldwide, Western Australia could be considered ground zero for fly-in, fly-out (FIFO) mining operations, with thousands of mining personnel daily making the air commute from home in pleasant cities like Perth to work for long stretches at…
BMO sees ‘better times ahead’ for Primero Mining
VANCOUVER — Primero Mining (TSX: P; NYSE: PPP) is a favoured mid-tier gold producer amongst analysts, and it isn’t hard to see why after a strong second quarter, marked by competitive operating costs and signs of…
Barrick ‘all but assured’ to meet debt target, Canaccord says
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) appears on track to achieve a US$3-billion debt reduction target this year after a few key asset sales, a streaming agreement and a commitment to cutting capital spending across the…
Randgold beefs up exploration in Cte d’Ivoire
Randgold Resources (NASDAQ: GOLD) is stepping up its exploration in Côte d’Ivoire.
Short Position Report
Short positions outstanding at July 31/15 (with changes from July 15/15).