Mining veterans back Zanaga Iron Ore in $21.5M deal
Financing unites key figures, such as ex-Anglo American CEOs Mark Cutifani and Tony Trahar, along with Mick Davis of Glencore and Xstrata.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Kore Potash sets Kola project cost at $2B
Kore expects construction at Kola potash project to begin on January 1, 2026 and take around three and a half years.
Implats mulls early closure of Canada mine amid palladium slump
Implats is considering an early shutdown for its Lac des Iles mine as prices for palladium have fallen more than 70% since 2022.
Sibanye walks away from Rhyolite Ridge lithium project on weak prices
The decision follows a review of new studies showing the project didn't meet Sibanye's investment criteria.
Botswana, De Beers sign overdue diamond deal
As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.
Congo offers US, Europe minerals in exchange for peace
President Felix Tshisekedi urged direct trade and didn't rule out a minerals deal if tied to ending the nation's conflict.
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.
