Japan’s Sumitomo Metal becomes IAMGOLD partner in Canadian project
With the completion of the Japanese firm acquisition of 30% of Côté Gold Project, IAMGOLD's liquidity now exceeds $1 billion.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Alrosa finds 62.75-carat diamond at prolific Jubilee pipe
The miner's Jubilee pipe is famous for its large finds.
Protesters block access to Tahoe’s Escobal silver mine in Guatemala
Protest seems to be about a variety of issues, including claims that mining at Escobal is causing seismic activity in Casillas, located about 20 km from the operation.
Nickel production to grow for first time since 2013 — report
More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.
Mandalay’s mine fully flooded, trapped workers unlikely to be alive — Chile’s Army
A waterproof camera is expected to reach Monday the area where the miners are believed to have been working and where the shelter is located.
Heavy snowfall disrupts rescue of workers trapped at Mandalay’s mine in Chile
It’s unknown whether the two workers are alive, as authorities have been unable to make contact with them.
SolGold soars after raising more than $41 million via share placing
The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.
Argentina lifts curbs on cyanide use at Barrick’s Veladero mine
While the measure allows the company to resume full operations, Barrick said it plans to gradually restart them.
More than 1,500 workers fired at Sibanye’s Cooke mine over strike
Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.
South Africa just hiked black ownership rules, miners getting crushed
The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.
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.
