Barrick on the hunt for new mines, not deals, CEO says
While open to M&A opportunities, Mark Bristow says he is currently more interested in buying assets rather than companies.
Cecilia Jamasmie , Editor-in-Chief
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Top uranium miner Kazatomprom to develop own rare metals deposit
The company's subsidiary, Ulba Metallurgical Plant, will be tasked with determining the potential of the Verkhny Irgiz deposit.
Rio Tinto wants lithium assets, but not at current prices
Speaking after Rio’s annual general meeting, CEO Jakob Stausholm said he didn’t want to pay a high premium for lithium assets.
Chile’s new lithium policy a boon for other producers
Uncertainty surrounding Chile's plans to bring its lithium industry under state control will send capital elsewhere, with Canada a likely beneficiary.
Wyloo extends deadline for Mincor takeover bid
The offer by Wyloo Metals, owned by Australian mining magnate Andrew Forrest, now expires on May 22, by close of trading on the ASX.
Bulgari Laguna blue diamond could fetch $28m in auction
The 11.16 carats fancy vivid blue diamond will go under Sotheby’s hammer on May 12, as part of the Geneva Magnificent Jewels auction.
Fortescue Metals begins magnetite production at Iron Bridge
After 20 years, 20 million work hours, delays and cost overruns, the Western Australia mine delivered its first 68% iron grade product.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
