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New Found Gold raise US$50 million

NATURAL RESOURCES News August 2021 New Found Gold raise US$50 million New Found Gold Corp. (“New Found”) which is listed on the Toronto TSX Venture Exchange, will issue 4.4. million flow-through common shares at a price of US$11.39 per share (the “Shares”). The funds...

Euro Sun announces IPO plans

NATURAL RESOURCES News August 2021 Euro Sun announces IPO plans Euro Sun Mining (Euro Sun) which is listed on the Toronto Stock Exchange recently announced its plans to list on the London Stock Exchange, with approval anticipated in the third quarter of this year....

OreFox receives funding boost

NATURAL RESOURCES News August 2021 OreFox receives funding boost OreFox, a company which provides artificial intelligence-based geological data analytics to mining and exploration companies has received a funding boost. The funding was received from the Queensland...

Macquarie buys majority stake in Southern Water

NATURAL RESOURCES News August 2021 Macquarie buys majority stake in Southern Water Macquarie has acquired a majority stake in Southern Water for in excess of GBP1 billion. The acquisition by Macquarie in the water supplies and sewage treatment company will dilute the...

Barrick Gold continues positive run

NATURAL RESOURCES News August 2021 Barrick Gold continues positive run Barrick Gold which is listed on the New York Stock Exchange and the Toronto Stock Exchange has for the 10th quarter in a row either met or exceeded guidance. In addition, Barrick Gold announced...

Southern Africa and German’s green hydrogen strategy

NATURAL RESOURCES News August 2021 Southern Africa and German’s green hydrogen strategy Green hydrogen is set to play an important role in Germany’s and the European Union’s climate and energy targets by 2030. However, it is reported that Germany will be unable to...

Zero emission mining equipment

NATURAL RESOURCES News August 2021 Zero emission mining equipment The founding members of the Komatsu Greenhouse Gas Alliance will work together with the original equipment manufacturer with the aim to plan, develop, test and deploy the next generation of mining...

June 2021 Metals and Mining M&A deals

NATURAL RESOURCES News August 2021 June 2021 Metals and Mining M&A deals Locrian Holding’s US$624.14m acquisition of Chackmore Unit Trust led the for global mining and metals M&A deals for June 2021. According to GlobalData’s deals database, total metals and...

BHP increases nickel production

NATURAL RESOURCES News August 2021 BHP increases nickel production BHP is set to increase its nickel production at its Mount Keith nickel mine in Western Australia by 40%. BHP is looking to increase production in response to an increase in demand for nickel with BHP’s...

Chinese steel prices fall

NATURAL RESOURCES News August 2021 Chinese steel prices fall On Monday, 02 August 2021, the price of steel in China fall on the back of signs that the pace to cut carbon emissions was slowing. It has been reported that Beijing is attempting to slow efforts to reduce...