Lundin Mining grabs Brazilian mine from Yamana in $1B deal
The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007.
Cecilia Jamasmie , Editor-in-Chief
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Newmont-Goldcorp $10B merger to close this week
Deal creates the world’s largest gold producer by market value, output and reserves.
Rio Tinto injects another $302m into Resolution copper project in Arizona
Investment will go towards more drilling, orebody studies, infrastructure improvements and permitting activities.
Antofagasta to decide on $3B Centinela mine expansion by 2021
Speaking on the sidelines of the World Copper Conference held this week in Santiago, chief executive Iván Arriagada said the company will only go ahead with the project if it meets Antofagasta’s return criteria.
Polish parliament’s lower house approves 15% cut to copper tax
If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.
Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner
Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.
Avesoro Resources sticks to 2019 guidance, despite gold output drop
The Canadian gold producer churned out 45,098 ounces of gold in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.
Lynas board turns down $1.1B Wesfarmers bid
The rare earths miner said its board had concluded it would not engage with retail and industrial conglomerate Wesfarmers, stating its unsolicited takeover offer undervalues Lynas' intellectual property.
First Vanadium says Nevada project resource estimate exceeds expectations
The company, which in March more than doubled the size of the vanadium property, believes that Carlin’s maiden resource will provide a base for an economic study.
SolGold scores again at Cascabel project
The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
