Kazakhmys acquires Koksay project

Koksay will be Kazakhmys’ third major growth project and the purchase price is US$260 million in cash of which $65 million has been deferred. Of the deferred amount, $30 million is payable on January 1, 2015 and $35 million on July 31, 2015. The second instalment is subject to confirmation of reserves.

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EBRD takes Altan Rio stake

ALTAN Rio Minerals has closed a private placement with the European Bank for Reconstruction and Development (EBRD) for gross proceeds of $999,960. Following closing of the placement EBRD holds 18.7% of the issued and outstanding common shares of the company.

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Pronto looks to growth in Asia

PRONTO Software is a leading ERP provider in Australia and is using its proven technology and dedication to high service standards to expand its Asian footprint. Asia is a new mining frontier and Pronto is determined to develop in the region, according to reseller manager Albert Lau.

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New features in Micromine 2014

SINCE being established in 1986 MICROMINE has cultivated a reputation as a leading supplier of software solutions to exploration and mining communities throughout Asia, and across the world. MICROMINE has maintained this reputation by regularly releasing new software versions which build on the strengths of the company’s applications, thus ensuring the software continues to meet evolving user needs and industry conditions.

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