Implats acquires 24% of Royal Bafokeng, offers to buy out remaining shares
The platinum group metals miner wants to buy shares it doesn't already own in Royal Bafokeng in a 150 rand cash-and-stock deal.
Cecilia Jamasmie , Editor-in-Chief
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Rio Tinto to grab 51% stake in Janice Lake copper-silver project
The miner spent C$14 million in exploration, which exceeds the C$10 million required to become Janice's majority owner.
Cornish Lithium gets $24 million to develop UK assets
TechMet’s funding is the first institutional investment in Cornish Lithium, which has previously used crowdfunding to raise new capital.
South32 locks 45% stake in Sierra Gorda copper mine
Deal marks the Australian miner’s entry into the world’s largest copper-producing country ahead of an expected demand boom for the metal.
BHP extends Noront bid deadline again amid talks with Wyloo
Norton shareholders now have until December 14 to accept or reject BHP's takeover offer, while talks with Wyloo progress.
Lucara says diamond market “healthiest” in years
The miner anticipates producing up to 340,000 carats in 2022, with sales generating revenues of between $185 and $215 million.
Europe’s top zinc mine halted due to water flows
Water began flooding the underground mine as a crew was drilling a pilot raise bore hole for a ventilation shaft.
Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi’s future
Jakob Stausholm met with L. Oyun-Erdene in an effort to solve issues related to the underground expansion of the mine.
SolGold delays pre-feasibility study for Cascabel copper project again
The company said the delay will allow it to confirm various assumptions affecting the study, such as whether upside options should be incorporated.
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.
