Petra Diamonds’ investors back restructuring
Majority approved plan includes reducing authorized share capital of the company by cutting the nominal value of all ordinary shares from 10p to 0.001p.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Cornish Metals to float shares in London
The copper and tin miner will apply for admission of its common shares to trade on the Alternative Investment Market.
Portuguese energy group backs Savannah’s lithium project
Galp Energia could take up to a 10% stake in the Mina do Barroso lithium project by investing $6.4 million.
Mongolia may revoke Rio Tinto’s plan for Oyu Tolgoi
The government is considering cancelling and replacing the development and financial plan for the giant copper mine.
Canada Nickel mulls using Glencore’s processing facility
The Crawford nickel-cobalt sulphide project is 40 km north of Glencore's operations in Ontario, Canada.
BHP tests Toyota EVs at Nickel West
They will trial a LandCruiser 70, converted from running on diesel to fully electric via onboard battery power.
Eldorado Gold output up by 34% in 2020
The Canadian miner increased gold production to 528,874 ounces despite covid-19 measures.
Australia’s Ranger uranium mine ceases production
At 40 years of operations, it is the country's longest running uranium mine.
Cornish Lithium granted rights for offshore exploration
It can now explore for the battery metal in geothermal waters right off the coast of Cornwall, England.
Permit for Aquila Resources’ Back Forty mine denied
Michigan judge ruling revokes the wetlands permit for the Back Forty project in Lake Township, north of Menominee.
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.
