Pala to acquire Cobalt 27 for $375m, create new company Nickel 28
Pala’s offer – equivalent to C$5.75 per share – represents a 66% premium to Cobalt 27’s closing share price of C$3.47 on June 17.
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Copper price surges as supply worries return
Optimism US-China trade talks are back on track also lifts sentiment.
Top 10 biggest gold mines
Iconic Grasberg copper and gold mine shoots to the top with a 70% surge in production.
Monarch Gold to buy Fayolle property from Hecla JV
The Fayolle property covers 1,373 hectares of land comprising 39 mineral claims in Aiguebelle and Cléricy townships, Quebec.
Barrick Gold given more time to make formal bid for Acacia Mining
The gold giant, which already owns 63.9% of the African company, now has until July 9 to come up with a new and formal offer for the remaining shares.
Chile confident of turning around low copper productivity as global competition bites
“Copper mining in Chile has become more and more difficult as ore bodies decline, the target rocks are increasingly harder, and water is getting far more expensive.
Don’t be in a rush to do business in world’s top cobalt producer
The largest and one of the least-developed nations in sub-Saharan Africa, Congo relies entirely on mining for its exports.
US senators, coalition escalate complaints on Canadian province mining pollution
US lawmakers have sent a letter to the premier of Canada’s British Columbia complaining about the “lack of oversight” of mining projects in the western province, many of which they say are endangering cross-border rivers.
Dalian iron ore rebounds; Tangshan move stokes demand worries
China’s iron ore futures clawed back on Tuesday, after a brief dip in early trade, despite mounting concerns over waning demand at mills.
