AngloGold says strong metal prices not helping planned assets sale
The gold producer is selling mines in Argentina, Mali and South Africa to ensure greater management focus and higher returns.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Albemarle puts brakes on growing plans amid lithium market weakness
The world’s No. 1 lithium producer is delaying plans to add about 125,000 tonnes of processing capacity.
Centerra Gold, Kyrgyz Republic close to leaving differences behind
The parties have completed all conditions included in a deal signed in Sept. 2017 ending long-dragged out environmental and economic disputes over the Kumtor gold mine.
Lucapa finds Mothae mine’s “best” diamond yet
The diamond received a D color rating, meaning it’s colourless and extremely rare.
Alamos Gold says ‘political agenda’ behind massive protest against its Turkish project
Opposition has grown on news that the miner allegedly exceeded the number of trees cut allowed by the government.
Sirius Minerals delays $500m bond sale, shares plunge
The miner only has enough cash to last until September.
Guinea extends deadline to bid for vacant blocks of giant Simandou iron ore deposit
Potential bidders now have until Aug. 19 to submit proposals in competition for one of the world’s most-fabled mineral deposits.
Codelco, Salar Blanco to develop lithium project in Chile’s north
The deal comes after a disagreement between the companies over adjoining lithium deposits in the area.
Iron ore prices help Rio Tinto fork out $1bn dividend, despite Oyu Tolgoi setback
Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.
Kinross Gold expands Russian portfolio with $283 million buy
The Chulbatkan gold project would enable it to leverage its expertise as a world-class, cold climate heap leach operator.
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
