B2Gold slashes stake in Calibre Mining
The sale of 79 million shares earned $139 million and reduced B2Gold’s holding in Calibre from 14%.
Latest Stories
Gold price down 1%, but set for second straight weekly gain
Gold has benefited from a run of soft economic data this week.
US lithium clay projects secure backing despite extraction hurdles
The United States’ great hope for domestic lithium supply could lie in the massive-scale, long-life sediment-hosted deposits in its southwestern region.
Mining People: Energy Fuels, Midnight Sun, Robex, Vista Gold, NexGen, Cartier Resources
Key moves in the mining sector.
SQM and Talga team up on Aero lithium project in Sweden
The Chilean lithium miner can earn up to a 70% interest in Aero, which will grant it a foothold in the European market.
China Baowu completes purchases of stake at Simandou project
The Chinese steel mill bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project.
Pilbara Minerals eyes $800 million road to double lithium output
A pre-feasibility study by the company determined production at Pilgangoora could increase to more than 2 million tpa.
Vale unveils $3.3 billion plan to boost copper and nickel output
The mining giant sees the potential to expand production capacity to about 500,000 tons of copper by 2028 mainly through improvements to its Salobo and Sossego mines in Brazil.
Allegations of human rights abuses ‘unfounded’, Barrick tells UNHRC
The UN Human Rights Council alleges that 12 deaths occurred during/resulting from operations by security forces assigned to the North Mara mine in Tanzania.
