Glencore snatches Rio’s Australian coal mine in $1.7bn deal
The acquisition includes Rio Tinto’s 82% stake in Hail Creek coal mine and its 71.2 % interest in the Valeria project.
Cecilia Jamasmie , Editor-in-Chief
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Electric vehicles, higher prices to boost global copper output — report
Global copper output is expected to climb from 20.4 million tonnes this year to 28 million tonnes by 2027.
Newcrest, Harmony joint venture in PNG to cost an extra $1bn upfront
But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.
Zimbabwe changes majority black ownership for diamond, platinum mines
The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.
Electric car dreams may be dashed by 2050 on lack of cobalt, lithium supplies
German researchers say cobalt-free battery technologies — including post-lithium technologies based on non-critical elements — are the best way to avoid supply issues in the long term.
De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine
The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation’s future.
World’s No. 1 copper miner Codelco made a $2.88 billion profit in 2017
Best performance in three years.
Gem Diamonds soars as it finds seventh giant rock this year
It's a 169-carat, top white colour Type IIa rock diamond dug up at the company's flagship Letšeng mine in Lesotho.
Suncor output to suffer from early start of Syncrude maintenance
Eight-week maintenance project at Syncrude that had been scheduled to start in April will start Thursday.
Canada’s First Cobalt buys US explorer, creates key supplier outside Congo
The blended company will have projects in Ontario and Idaho which, once in operations, could be major cobalt suppliers for EVs makers and high tech firms.
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.
