Guinea cuts president’s term to five years in draft constitution
In addition to being the world’s top exporter of bauxite, Guinea also has the world’s largest untapped iron ore deposit.
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Eldorado Gold inks deal to earn 80% of TRU
Agreement gives Eldorado the option to earn an 80% interest in TRU Precious Metals' Golden Rose gold-copper project in Newfoundland.
Funds cut copper bets by $20 billion as bull trade unravels
Mounting worries about Chinese demand are helping to spark a rapid exodus from copper.
Vedanta gets secured creditors’ nod for demerger
Vedanta launched the overhaul to carve up its business into six separate businesses.
Bedford Metals secures uranium permit for Ubiquity Lake
Exploration licence allows Bedford to start field activities aimed at validating targets identified in previous surveys at the Saskatchewan project.
Analysts expect Glencore to keep coal assets after Teck purchase
Glencore is already a top producer of thermal coal, with an expected output of between 98 million and 106 million tonnes this year.
BHP, Lundin grab Filo in $3bn South American copper deal
BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.
Fortescue slumps as Capital Group sells $1.2 billion stake
The trade represents about 100 million shares, representing around 3.2% of securities on issue.
Integra Resources secures cash flow with Florida Canyon merger
The new company is to produce 70,000 oz. gold per year from the Florida Canyon gold mine in Nevada.