Vale S.A. - VALE.n

Vale S.A. - VALE.n is a Brazilian multinational diversified metals and mining corporation that employs over 12,000.

Vale is the second-largest mining company in the world, the largest producer of iron ore, and second largest of nickel. Vale also produces manganese, ferroalloys, copper, bauxite, potash, kaolin, alumina and aluminium.


On February 5, 2017 the company released News

Vale hereby announces the pricing of the offering by its wholly owned subsidiary Vale Overseas of US$ 1,000,000,000 6.250% Guaranteed Notes due August 2026 guaranteed by Vale. The notes will be consolidated with, and form a single series with, Vale Overseas’s US$ 1 billion 6.250% notes due 2026 issued on August 3, 2016.

The notes will bear a coupon of 6.250% per year, payable semi-annually, and were sold at a price of 107.793% of the principal amount. These notes will mature in August 10, 2026 and were priced with a spread of 278.3 basis points over U.S. Treasuries, resulting in a yield to maturity of 5.200%.
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http://globalminer.blogspot.com/2017/03/vale-sa-valen.html

Stillwater Mining Company - SWC.n

Stillwater Mining Company - SWC.u.t is engaged in the development, extraction, processing, smelting, refining and marketing of palladium, platinum and associated metals from the J-M Reef, a geological formation in southern Montana.

The Company also owns the Marathon PGM-copper deposit in Ontario and the Altar porphyry copper-gold deposit in the San Juan province of Argentina.







On December 9, 2016 the company released News

Stillwater Mining Company ("Stillwater" or "the Company"; NYSE: SWC) today announced that it has entered into an agreement with Sibanye Gold Limited ("Sibanye"; JSE: SGL; NYSE: SBGL), under which Sibanye will acquire Stillwater for $18.00 per share in cash representing an aggregate enterprise value of $2.2 billion. The $18.00 per share transaction price represents a 61% premium to Stillwater's volume-weighted average share price over the 52 weeks prior to the announcement of the transaction, a 25% premium to its volume-weighted share price over the 30 trading days prior to the announcement and a 23% premium to its closing share price on December 8, 2016. The transaction also represents a 14.0x multiple of IBES consensus 2017 EBITDA1 estimate.

Following a thorough review of Stillwater's strategic opportunities, including a process in which over 20 parties were contacted, the Company's Board of Directors has unanimously approved the transaction.











AngloGold Ashanti - AU.n

AngloGold Ashanti - AU.n has 17 operations in 9 countries on four continents and produced 3.95Moz of gold in 2015, generating $4.02bn.

The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses.


On December 15, 2016 the company reported News

AngloGold Ashanti Ltd is pleased to report an improved production outlook at the Tropicana Gold Mine in Western Australia, based on higher mining and processing rates along with a 45% increase in the mine’s Ore Reserve estimate.

Tropicana is a joint venture between AngloGold Ashanti Australia Ltd (70% and manager) and Independence Group NL (30%).











http://globalminer.blogspot.com/2016/05/anglogold-ashanti-aun.html