Rio Tinto ups stake in Sovereign Metals with $12.4m investment
The fresh investment takes Rio's interest in Sovereign, the owner of Malawi's Kasiya rutile-graphite project, to 19.76%.
Cecilia Jamasmie , Editor-in-Chief
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Endeavour Mining pours first gold at Lafigué mine
Lafigué is the fifth project Endeavour has completed in West Africa and it is expected to produce between 90,000 and 110,000 gold ounces a year.
Petra Diamonds cuts targets and costs in tough market
Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.
Lundin Mining to up stake in Caserones copper mine to 70%
The Canadian miner is acquiring an additional 19% interest in the copper-molybdenum mine in Chile for $350 million.
De Beers sales drop to $315m amid search for new owner
Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.
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.
