Glencore grants $10 million backing to Falco Resources
Glencore has also agreed to buy copper and zinc concentrate produced during the Horne 5 project mine-life, currently estimated at 15 years.
Cecilia Jamasmie , Editor-in-Chief
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Condor Gold prepares for La India mine construction
The miner has kicked off a ground investigation program consisting of 20 geotechnical drill holes.
Teck profit drops by almost 67% on weak coal prices
Canada's largest diversified miner's profit in the July-September quarter was also hurt by ongoing covid-19 safety protocols.
Danakali shares drop after second AFC loan set to fall through
The potash developer is facing funding issues as the miner’s second loan tranche from the Africa Finance Corporation (AFC) looks set to fall through.
Nordgold-Shandong bidding war for Cardinal heats up
Nordgold says Cardinal is misleading its shareholders by suggesting that a higher offer from Shandong can be unlocked.
Barrick granted ten exploration licences in Tanzania
The gold giant will spend $8 million in exploration in the African country by year-end.
Wheaton Precious Metals to trade in London
Wheaton is the largest metals and mining company to join the London Stock Exchange since Glencore in 2011.
Anglo American output in Q3 jumps, thanks to Collahuasi
Total production climbed by 24% from Q2 on the back of continued strong performance of Collahuasi copper mine in Chile.
Polyus’ Siberian gold deposit has world’s biggest reserves
Russia’s largest gold producer said its Sukhoi Log deposit holds 40 million ounces of proven gold reserves, which makes it the world’s largest.
Anglo American sued for alleged lead poisoning in Zambia
Class action claims there are more than 100,000 in Kabwe who are likely to have suffered lead poisoning as a result of pollution caused by Anglo.
Hochschild keeps output target despite higher costs
A stronger Q2 production offset rising costs, with shares gaining and key projects advancing.