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Newmont’s $24bn play for Newcrest highlights the majors’ increased interest in copper

Maiden Mineral Resource and updated Exploration Target reported under the JORC Code by Resilience Mining Mongolia Limited1 for the West Kasulu prospect, within...

Resilience Mining Mongolia Limited ("RM1") starts Initial Public Offering ("IPO") to be listed on the Australian Securities Exchange ("ASX"); Proposed IPO...

Copper/gold play Kincora Copper seeks dual-listing Share Copper/gold explorer Kincora Copper is coming for the ASX.  Louise Kennerley The copper/gold explorer has lodged a prospectus to raise up to $10 million in fresh equity that will see it trade on the local bourse, alongside its existing spot on Canada’s TSX Venture Exchange. New shares in the IPO were being sold at 20¢ each to potential investors, which implied a $24.1 million market capitalisation, and an $11.6 million enterprise value. Although founded in Canada, Kincora has interests in eight copper/gold exploration licenses in ce...

Tax Act from Mongolian Tax Authority News provided by Share this article Share this article A Mongolian subsidiary of Kincora has received a Tax Act ("2021 tax assessment") for 2.7 billion MNT, approximately US$950,000, from the Mongolian Tax Authority ("MTA") relating primarily to the 2016 merger with IBEX The 2016 IBEX merger required a tax assessment ("2016 tax assessment") as a condition precedent to closure and for reregistration of the merged entities The 2021 tax assessment is a retrospectively calculated liability and is not in-line with the 2016 tax assessment Three independent ex...