SolGold begins 2019 strong on new mineralization at Ecuador project
Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
New era for Barrick Gold begins
Barrick now trades as GOLD in New York and continues as ABX in Toronto.
Blackwater founder launches fund to invest in electric car battery metals
The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.
China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover
China’s No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.
Lucapa Diamond locks in Mothae mine funding
The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa’s Industrial Development Corporation (IDC).
Eight months and millions later, Anglo American restarts Minas Rio mine
The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material.
First Quantum Minerals to let 2,500 workers in Zambia go over tax hikes
The Canadian miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.
Zambia tax authority clears Gemfields’ Kagem mine of tax evasion
There were no findings of wrongdoing or late payment, the Zambia Revenue Authority (ZRA) said.
Australia’s top gold miner boosts bet on Ecuador copper project
Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.
AngloGold Ashanti’s Tropicana gold mine can go underground — study
A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group's Tropicana operation.
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.
