BHP to sell Chile’s Cerro Colorado copper mine to equity fund EMR
Sale is part of chief executive Andrew Mackenzie’s bid to focus on large assets in commodities such as iron ore, copper and oil.
Cecilia Jamasmie , Editor-in-Chief
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Chile antitrust watchdog probing Tianqi buy of lithium miner stake
The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,
Rio Tinto to start building massive Koodaideri iron ore mine in 2019
First production from the Pilbara-based project, which it says it’s one of the world’s most technologically advanced, is expected in 2021.
Lucapa gets another $2 million from Lulo diamonds sale
Lucapa has a 35-year license for Lulo, which early last year bore a 404.2-carat white diamond, considered the largest diamond ever recovered in Angola and the biggest diamond ever found by an Australian company.
Iron ore magnate Rinehart offers $290 million in cash for Atlas
The offer from Australian billionaire Gina Rinehart's Hancock Prospecting values Atlas shares at 17% more than price reached at Friday close.
Hawkstone Mining walks away from US lithium deal
Deal would have added two lithium projects – the Big Sandy lithium clay project in Arizona and the Lordsburg lithium brine project in New Mexico – to Hawkstone’s portfolio.
Glencore settles legal row with former partner over Congo royalties
The Swiss firm will make mining royalty payments to Dan Gertler in euros so that it doesn’t fall foul of US sanctions, which were placed on the Israeli billionaire last year.
Romania says Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators
Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.
Nevsun extends life of its Bisha mine in Eritrea until the end of 2022
Decision gives 18 months more than planned to the operation, which would result in additional production of 470 million pounds of zinc and 52 million pounds of copper during that period.
Erdene becomes first cross-listed firm on the Mongolian Stock Exchange
The listing also makes Erdene the only precious metals exploration and development company currently registered on the exchange.
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.
