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Top Australian capital raises seek to create mining value

Top Australian capital raises seek to create mining value
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

Vale Verde completes Serrote copper mine build

Vale Verde completes Serrote copper mine build (Credit: Appian Capital Advisory) Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of schedule and under budget. At full capacity, the mine will produce on average 22,000 tonnes per year of copper at a time when the metal price is trading at record highs and in an environment where the gold price could set another record by December. Sign Up for the Copper Digest Sign Up The focus is now on the transition to steady-state operations and the ramp-up over the second half of 2021, with operational readiness workstreams, employee training programs and risk management workshops well advanced, according to an MVV press release. MVV’s first shipment of concentrate is targeted for November.

Robust Q1 Performance by Core Mines Sets Barrick On Course for Annual Target

Robust Q1 Performance by Core Mines Sets Barrick On Course for Annual Target
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says

Pandemic initially decimated financings for gold projects, but market has rebounded, Mining Intelligence says Osisko Mining s Windfall project. Credit: Osisko Mining. A review of capital raisings for gold projects around the world between February 1, 2020 and February 28, 2021 conducted by The Northern Miner’s sister company Mining Intelligence, has found that of the US$2.9 billion raised for gold projects in 41 countries, 75% went to projects in just five countries – Canada, Mexico, Australia, the United States and Chile. Of those, Canada received the lion’s share with US$965.07 million (34%). Mexico followed in second place with US$389.09 million (14%); Australia with US$291.04 million (10%); the U.S. with US$255.56 million (9%); and Chile with US$253.71 million (9%).

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