MINING.COM

Paulson & Co to ask Detour Gold for special meeting for board overhaul

Paulson & Co has threatened to replace Detour's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive.

Reuters | July 19, 2018 | 7:40 am

De Beers buys Canada’s Peregrine Diamonds for $81 million

Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.

Cecilia Jamasmie | July 19, 2018 | 6:37 am

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

Cecilia Jamasmie | July 19, 2018 | 3:43 am

London Metal Exchange moves further towards launch of lithium contract

The London Metal Exchange has asked companies that assess prices of battery-grade lithium to submit proposals to supply a reference for the cash-settled contracts it plans to launch next year.

Reuters | July 18, 2018 | 1:25 pm

UPDATED: Paulson plans to replace Detour board, explore sale of company

Major is interested in acquiring Detour.

Michael Allan McCrae | July 18, 2018 | 12:01 pm

Guinea’s mining minister says there will be Simandou deal, talks go on

Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining […]

Reuters | July 18, 2018 | 11:57 am

Australia’s Northern Minerals makes first rare earth from pilot plant

Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.

Cecilia Jamasmie | July 18, 2018 | 11:55 am