Rio Tinto pulls offer for stake in world’s largest lithium miner
Decision doesn’t mean the miner has abandoned plans to capitalize on the electric-car boom, sources familiar with the matter say.
Cecilia Jamasmie , Editor-in-Chief
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Alrosa 2017 sales fall to $4.3bn on lower average price for rough diamonds
Russian miner said the price decline for rough diamonds was due to the changed sales assortment resulting from an increased demand for small-sized rough rocks from India.
Electric cars market threatened by potential cobalt tax hike in Congo
The nation, responsible for about two thirds of global output, plans to increase tax on cobalt to 5% from 2%.
Giant Bougainville mine restart stalls on moratorium over fears of civil unrest
The Bougainville government has imposed an indefinite moratorium on mining at the controversial Panguna site — once the world's biggest open-pit copper mine.
Bacanora seeks expansion of German lithium project with newly acquired exploration licence
The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.
Centamin jumps on better-than-expected gold output estimates
The Egypt-focused gold miner also expects solid growth this year. It’s targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.
Hudbay Minerals expands footprint in Peru
The miner’s local subsidiary has entered into an agreement to acquire mining properties in southern Peru near its Constancia copper mine.
Vale closes sale of fertilizer business to Mosaic for $1.4 billion
Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.
Congo’s Gécamines urges Gov’t to revise 16-year-old mining code
The World Bank-supported mining legislation was introduced to attract investment into copper and cobalt projects from global miners including Glencore Plc, Freeport-McMoRan Inc. and China Molybdenum Co. Gécamines claims country has not benefited from it.
Canadian junior plunges ahead with three cobalt projects in B.C.
Vancouver-based Cruz Cobalt is ready to kick off an airborne work program at its three B.C.-based properties amid high prices for the commodity
Kidnappers kill Vizsla mine workers in Mexico
The focus remains on the safe return of those who remain missing, the company said.
