World’s largest gold project just got even bigger
Seabridge Gold has bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
BHP takes $1.8 billion hit from US tax reform
Charge is due to due to cuts in the US Federal corporate income tax rate, the world’s biggest mining company said.
Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada
Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.
Another death at one of Sibanye-Stillwater gold mines
A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.
Soaring cobalt prices force Samsung SDI to mine metal from old phones
The firm is also trying to halve use of cobalt in batteries from around 20% by raising the proportion of nickel, and it will start researching on development of nearly cobalt-free batteries.
Embattled Acacia Mining ends painful year with $700-million loss
The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.
Suncor Energy hikes stake in Syncrude in $730 million deal
Canada's largest energy producer also buys into Norwegian Sea oil project.
Embattled Avocet completes sale of Burkina Faso assets
The three-times delayed $5 million-deal should help the miner dodge bankruptcy for its units in the West African country.
Cameco’s profit beat estimates on improved uranium prices, cost-cutting drive
Canada’s top uranium producer is seeing the first improvements brought by higher prices and drastic cost-cutting measures, including the recent haly of its flagship McArthur River mine in northern Saskatchewan.
De Beers’ Namibia venture puts mine up for sale, at least 130 jobs to go
Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.
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.
