Rio Tinto about to offload stake in Grasberg mine for $3.5 billion
Company confirmed is in talks to sell its stake in the world’s second largest copper mine to Indonesia’s Inalum.
Cecilia Jamasmie , Editor-in-Chief
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Eldorado to soon obtain permit for processing plant in Greece, minister hints
The country’s energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.
Gem Diamonds finds ninth big diamond from Letšeng
With the discovery, the miner has already exceeded the total number of diamonds of over 100 carats recovered in 2017.
Lucapa on a roll, finds 25-carat yellow diamond in Lesotho mine
Stone was recovered from the Neck zone of the Mothae kimberlite, not part of the current one-million carat Joint Ore Reserves Committee-compliant resource.
Rio Tinto says investors to take stance on Oyu Tolgoi as ‘test case’
Rio Tinto has called for less interference at its giant copper and gold mine in Mongolia, as it moves forward with an underground expansion.
Thor Explorations says results of test work at Segilola better than expected
The testing is part of the definitive feasibility study (DFS) for the project, poised to become Nigeria's first large-scale gold mine, and which is expected to come online in early 2020.
Glencore drops as British regulators looming probe adds to Congo issues
Britain’s Serious Fraud Office plans to open a formal bribery investigation into Glencore and its deals with Israeli billionaire and former partner Dan Gertler.
China’s Tianqi Lithium buys minority stake in SQM for $4.1bn
The Asian firm has bought a 24% stake in Chile’s Sociedad Quimica y Minera (SQM), one of the world’s biggest lithium producers.
Anglo close to selling part of stake in giant Peruvian copper project
Quellaveco is one of the world’s largest untapped copper orebodies and Anglo’s board is set to decide later in the year whether or not to green-light development of the $5.5bn mine.
Centerra gets $200 million for royalty portfolio and Kemess silver stream
The miner is receiving an upfront cash payment of $155 million for AuRico Metals’ royalty portfolio and about $45 million payable in four tranches for Kemess's silver output.
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.
