Chinalco wants to be sole owner of world’s largest iron ore deposit
Move comes barely seven months after Rio Tinto agreed to sell it its stake in Simandou for up to $1.3 billion.
Cecilia Jamasmie , Editor-in-Chief
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BHP ditching ‘Billiton’ in $10 million rebranding move
Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
Eldorado to take full control of Integra Gold as its expands to Canada
Move is part of an ongoing effort to strengthen its position in the home country, particularly around the gold-rich Eastern Abitibi region, in Quebec.
Lucara gets almost $18M for fragment of its massive ‘Lesedi La Rona’ diamond
The 373.7-carat diamond, sold during the Vancouver-based miner’s $54.8 million recent tender, was one of 15 large and high value diamonds offered by the company.
Iron ore to hit $44 a tonne by 2021 — analysts
BMI Research expects prices to continue sliding for at least the next five years on rising supplies from Australia and Brazil and evidence of Chinese demand cooling earlier than expected.
EPA, Northern Dynasty settle dispute over Pebble mine
Donald Trump’s Environmental Protection Agency (EPA) has injected new life into the long-stalled and controversial copper-gold-silver project near Bristol Bay, southwest Alaska.
Global silver output falls for first time in 14 years
Global silver production dropped last year for the first time since 2002 driven by lower by-product output from the lead/zinc and gold sectors, as well as a sharp decline of scrap supply to the market.
KGHM says phase two of Sierra Gorda copper mine in Chile will never happen
The Polish company, Europe's second-largest copper producer, said that given current macro conditions the plan had lost sense.
Colombia calls governments to stop ‘blood gold’ trafficking
The country has taken a page out of the diamond industry’s books by calling for international regulations aimed at cutting the amount of illegally-mined gold entering mainstream markets.
Philippines to keep mining law intact, despite new minister appointment
The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.
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.
