June 14, 2018

Romania says Gabriel Resources $4.4bn lawsuit over halted project can’t be heard by arbitrators

Country alleges a court decision had slammed the door on certain investment arbitration cases involving European Union members, so Gabriel’s case can’t be solved that way any longer.

June 14, 2018

Nevsun extends life of its Bisha mine in Eritrea until the end of 2022

Decision gives 18 months more than planned to the operation, which would result in additional production of 470 million pounds of zinc and 52 million pounds of copper during that…

June 14, 2018

Mitsubishi ups stake in Anglo’s Quellaveco copper project in $600-million deal

Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.

June 13, 2018

Cobalt hunt takes Aussie explorer to forest on BMW’s doorstep

The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far…

June 13, 2018

Tharisa expands Zimbabwe exposure with $4.5 million platinum deal

It gives the company access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium.

June 12, 2018

Future of Centerra mine uncertain as Kyrgyz Gov’t revising settlement deal

Prime Minister said he would submit tom parliament his own 'proposals' over a settlement reached last year, which would end long-dragged disputes between the company and the country over Kumtor…

June 12, 2018

Australia takes over Chile as world’s No.1 lithium producer

It produced 4,600 tonnes of lithium more than Chile in 2017 boosted mainly by record output at Mt Cattlin and Mt Marion mines.

June 12, 2018

Kinross going ahead with expansion of Alaska gold mine

Project is expected to extend Fort Knox mine life to 2030 and generate 17% internal rate of return (IRR) at a low capital cost.

June 12, 2018

Alelion electrifies heavy vehicle manufacturer KAMAG with move into new segment

Alelion has proven expertise in delivery as well as a reputation for industry leading innovation in the growing field of sustainable lithium-ion battery technologies. As part of a joint development…

June 12, 2018

China boasts world’s highest sales volume of electric vehicles

China now has the fastest development of EVs in the global market.