Thor Explorations to build Nigeria’s first large-scale gold mine
Company envisions construction beginning in the second quarter of the year, followed by an 18-month building period.
Cecilia Jamasmie , Editor-in-Chief
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Ford says carmakers may need to invest in cobalt mines soon
Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.
BlueRock finds another exceptional diamond at South African mine
It is the second largest diamond mined from Kareevlei and the third valued at over $50,000.
Firestone Diamonds output down on technical issue at Lesotho mine
The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter.
Vale forced to halt operations at Brucutu, largest mine in Minas Gerais
Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale’s Carajás.
Barrick, Reunion Gold to jointly go after key assets in South America
Strategic alliance expands Barrick’s exploration footprint in the Guiana Shield, a significantly under-explored region and one of the most prospective in the world for large scale gold discoveries.
Vedanta says Anglo American stake buy meets Gov’t criteria
Shares in the company lost a fifth of their value on Friday as investors were sceptical of its foreign subsidiary Cairn India Holdings’ $200 million investment in the diversified miner.
Vale says alarms didn’t go off on time in Brumadinho due to ‘speed’ of sludge
The argument is being harshly criticized by experts and locals, who believe the law-enforced audible could have saved lives.
Teck Resources flags fourth-quarter profit coming below estimates
EBITDA will be down by about $148 million.
Brazilian prosecutors freeze over $219m of Vale’s assets
Funds expected to be used as compensation for the victims of last week’s tailing burst, which killed at least 99 people.
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.
