Sibanye-Stillwater to sell majority stake in Canadian PGM-copper project
Local exploration and development junior, Generation Mining, will earn a 51% in the Marathon project, in northern Ontario.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
CITIC ok’d to complete C$612m investment in Ivanhoe Mines
The Chinese miner has received the necessary internal approvals for its subsidiary CITIC Metal Africa to complete its second investment in Ivanhoe Mines.
Kirkland Lake jumps on the gold deal-making wagon with online assessment tool
Miner has launched the KL Gold Deal Room, an online tool to help attract, assess and refine investment opportunities.
Endeavour Mining ups reserves at flagship Houndé mine in Burkina Faso by 41%
A large portion of the Kari Pump maiden estimate for measured and indicated resource was converted to reserves.
Norway’s $1 trillion fund resumes investing in miners, oil and Walmart
It will invest again in miners Rio Tinto and Nutrien, as well as in retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked.
Falling cobalt prices add fresh challenges to DRC’s economy
GDP growth in the DRC is expected to fall to 4.3% this year from 5.8% in 2018, due to a slowdown in mining activity triggered mainly by lower cobalt prices.
Acacia pokes holes in Barrick’s takeover bid, still open to “fair” offer
The African miner said it "strongly disagreed" with Barrick's valuation of the company and that the proposal appears to have ignored the value of its exploration and development assets.
Rio Tinto breaks ground at Madison copper-gold project in Montana
The move follows an earn-in agreement between the two companies, under which Kennecott Exploration can acquire a 55% stake in the property.
Chile’s Codelco has already lost $17.5 million on Chuquicamata strike
Lost production in the first week of the labour action amounts to about 3,500 tonnes of copper.
Adani begins construction at Carmichael coal complex
Company already has around 60 workers onsite, surveying and clearing for access to project's location.
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.
