Newmont to extend footprint in Colombia with Lyra gold project deal
The US miner will eventually have to invest a minimum of $3 million in Miranda Gold's Lyra project to be granted a 51% stake on it.
Cecilia Jamasmie , Editor-in-Chief
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Teck seeking partner for $4.8bn Quebrada Blanca mine expansion
Canada's largest diversified miner said that before beginning the copper mine upgrade, it would have to secure a development partner able to invest $2billion for up to 30% to 40% stake in the project.
Acacia Mining searches for chairman as Dushnisky leaves for AngloGold
Kelvin Dushnisky, who leaves Acacia and its parent company Barrick, assumes as South Africa’s AngloGold Ashanti (JSE:ANG) new boss next week.
World’s ‘most beautiful’ electric car to hit the road in 2020
Announcement is nothing but good news to battery metals miners, which have seen demand for their mined commodities soar in the past year.
Chaarat Gold to buy polymetallic project as part of acquisition spree
Junior continues to pursue $800-million acquisition of Centerra Gold's Kumtor mine in Kyrgyzstan.
KGHM to go ahead with $2bn expansion of Sierra Gorda copper mine in Chile
Expansion and upgrades would extend the mine’s life by 21 years.
Famous yellow diamonds yielding mine up for grabs
The Ellendale mine produced around half of the world’s supply of rare yellow diamonds during peak production.
POSCO to buy lithium mining rights in Argentina from Galaxy
The $280-million deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar del Hombre Muerto salt flat in Argentina.
China’s Sichuan Road to mine copper in Eritrea starting in 2019
The project, majority owned by a unit of Sichuan Road & Bridge, is a group of four deposits on the outskirts of the capital Asmara.
Chile’s lithium giant SQM sees prices falling further this year
But the world's second largest producer said they will remain higher than the average reached last year.
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.
