Nordgold matches Shandong Gold’s offer for Cardinal in takeover battle
Nordgold refuses to give up the fight for Cardinal Resources; it has now offered A$1 per share.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Miners speed up automation as covid-19 impacts linger
About 20% of people currently working in the mining and metals industry are at risk of being replaced by robots, says the the World Economic Forum.
Petra tosses company sale after debt-for-equity deal
The diamond miner expects the restructuring to become effective in the first quarter of 2021.
BHP scraps $2.5bn Olympic Dam expansion plan
It has decided against the brownfield expansion project after studies of the ore body revealed weaker than expected results.
25 chinchillas stand between Gold Fields and $7bn worth of Chilean gold
The miner is in the process of relocating 25 chinchillas, while construction of the mine camp is undergoing.
Kinross Gold mulling sale of Americas mines
The Canadian miner is also said to be considering moving its primary stock listing to London and doubling down on its portfolio of assets in Russia and West Africa.
Lundin to halt Candelaria mine in Chile
Decision to suspend operations comes after Lundin failed to reach a deal with a second union.
Glencore in nickel supply talks with EV battery makers
Demand for nickel is forecast to surge in coming years as companies from Tesla to Volkswagen add to their lineups of electric models.
Mountain Province’s diamond output up despite virus disruptions
The miner saw production at Gahcho Kué mine jump by 30% during Q3 from the previous three months as crews adjust to covid-19 protocols.
Chile’s glacier protection bill faces new delays
If approved in its current form, it would force Codelco to shut El Teniente and Andina copper mines.
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.
