Pensana seeks funding for Angola rare earth project
The miner planned to raise between $30-$50 million of working capital.
Latest Stories
Spanish Mountain stock soars as Sprott steps up investment
Shares surged nearly 25% on Monday to a new 52-week high.
Stuck with coal pits the world needs, but few want
BHP’s unsuccessful effort over the past year to offload the Mt Arthur coal mine highlights the predicament producers are in.
Pan American suspends Peru operations
Company is moving its Huaron and Morococha operations into care and maintenance in response to several workers at the mines recently testing positive for covid-19.
Cardinal Resources’ Ghana mining license ratified
The license is granted for an initial period of 15 years and is renewable.
Scorpio Gold to acquire Manhattan property claims in Nevada
The acquisition will give Scorpio control of land around its Goldwedge project, which contains a fully permitted underground mine and 400 ton-per-day mill.
Jiangxi Copper sells shares in First Quantum
The Chinese company bought its equity stake in the miner in December 2019.
Billionaire commodity trader retires from Glencore
Daniel Mate, Glencore’s fifth-largest shareholder, is handing over trading of zinc and lead to Nick Popovic.
Remote outback town to host $420 million solar thermal project
Mount Isa is said to be the second-best place on Earth to build a solar thermal plant after the Atacama Desert.
