Botswana Diamonds kicks off drilling at Thorny River’s high-grade area
The exploration program focuses on the recently discovered high-grade geophysical area of the diamond project.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Barrick close to final deal with Pakistan on $7bn copper project
Teams from Barrick and Pakistan are currently finalizing a framework deal to develop the giant Reko Diq copper-gold deposit.
Gold Fields unlikely to further sweeten Yamana deal — CEO
Chief executive Chris Griffith says Yamana Gold’s shareholders are warming up to $6.7 billion takeover offer.
Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again
A cost and schedule reforecast now pegs the total project costs at $7.06 billion, almost $1.8 billion higher than its original estimate in 2015.
Panasonic to build $4bn battery plant in US to supply Tesla
Facility is expected to supply Tesla with new high-capacity batteries, boosting Panasonic’s production capacity 150-200 GWh per year by 2028.
Anglo American, Nippon Steel to work on low-carbon steelmaking
They will work on solutions for lower-carbon steelmaking, a process responsible for up to 9% of global greenhouse emissions.
Ecuador court endorses environmental permits for Dundee’s Loma Larga gold project
The Judicial Labour Unit of the southern city of Cuenca also reaffirmed Dundee’s mining concessions in Ecuador.
PureGold mulls company sale as part of strategic review
Review could involve a potential merger, a sale of all or part of its gold mine in Ontario, or other long-term financing options.
Sigma Lithium’s project in Brazil to benefit from new rules
The 25%-ready Grota do Cirilo lithium project will not be constrained by quotas so Sigma will mine the north and south pits simultaneously.
Anglo American’s Quellaveco yields first copper concentrate
The $5.5 billion Peruvian copper project, to come on stream by mid-year, is expected to produce 100,000 to 150,000 tonnes of copper this year.
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.
