Australian metals miner Metro Mining Limited made its investors aware of the execution of a non-binding Memorandum of Understanding (MoU) involving the supply of bauxite ore to the People’s Republic of China’s state-owned State Power Investment Corporation (SPIC) Aluminium and Electric Power...
Australian metals miner Metro Mining Limited announced yesterday that it cleared another hurdle in the race to open the Bauxite...
Metro Mining Limited updated its shareholders on the firm’s progress at Bauxite Hills mine yesterday, declaring that the project remains...
Metro Mining Limited announced last week that the firm chose SAB Mining to conduct operations at its soon-to-be-opened mine at...
Metro Mining Limited announced on Tuesday that it has obtained mining leases from the state government for its operations in Bauxite Hills Mine. The firm now has all state and federal permits in place now that it has the go-ahead from Queensland’s government. “Granting these leases allows Metro Mining to consolidate and unlock the potential […]
Brisbane’s Metro Mining Limited updated its investors on the progress of construction at Bauxite Hills Mine yesterday, detailing the first steps in the projected 17-year life of the Cape York operation. The firm’s civil works contractor SAB Mining is on site at present and is soon to begin work on the mine’s port area, which […]
Brisbane’s Metro Mining Ltd announced earlier today a successful bookbuild that raised the firm A$38 million (US$30 million) in capital. According to Metro, the institutional placement was quite popular, gaining support with both existing investors and new parties from both within Australia and abroad. Greenstone Metro Holdings LP was part of the institutional placement and […]
Brisbane’s Metro Mining Ltd announced yesterday that it has secured final environmental approval for operations at Bauxite Hills Mine. Metro told investors yesterday that it now has all necessary environmental approvals in hand, which is a feat the firm accomplished in the relatively short time period of two years. The firm also notes the steadfast […]
Brisbane’s Metro Mining Ltd announced yesterday the completion of an A$40 million (US$30.17 million) debt-financing facility in order to fund the continuing development of its Bauxite Hills Mine. According to the firm, financiers of the deal are Sprott Private Resource Lending (who will act as the deal’s senior secured lender) and Ingatatus AG Pty Ltd, […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
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