GOLD (MSM)

AuRico Metals Announces Closing of Acquisition of Royalties on Hemlo and Eagle River Mines

[PR Newswire] – TORONTO, Sept. 18, 2015 /PRNewswire/ – AuRico Metals Inc. (AMI.TO), (“AuRico” or the “Company”) is pleased to announce the closing of the previously announced acquisition of Mineral Streams Inc. (“Mineral Streams”), a private company owning a 0.25% NSR royalty on the Williams mine at Barrick Gold Corporation’s (“Barrick”) Hemlo complex, a 0.5% NSR royalty on Wesdome Gold Mines Ltd.’s Eagle River mine, and a 1.5% NSR royalty

Indonesia says Newmont running out of time on new export permit

[Reuters] – Newmont Mining Corp’s Indonesian copper export permit will not be renewed beyond Friday unless the U.S. miner submits a progress update to the government on its plans to develop a domestic smelter, a mine ministry official said. Newmont, Indonesia’s second-largest copper miner, reached an agreement with the Indonesian government a year ago to develop local mineral processing facilities to end an eight-month tax dispute that halted exports. The