Rio Tinto hands Sovereign full control of Malawi graphite project
The move strengthens Kasiya’s position as a potential non-Chinese supplier of rutile, graphite and rare earth products.
Articles by Cecilia Jamasmie
De Beers cuts diamond prices, axes 25 elite buyers
Giant diamond miner De Beers has made sweeping cuts to its official prices at its first sale since culling nearly a third of its handpicked buyers, a strategy aimed at…
Creating mining districts could unlock billions: study
Mining companies could unlock billions in additional value by treating nearby operations as integrated mining districts rather than standalone assets, according to a study by GEM Mining Consulting. The firm’s…
Genesis trumps Regis with $3.9B takeover bid, 14% premium for Vault
Vault Minerals said its directors unanimously determined the new offer to be better than the all-stock agreement with Regis reached in May.
GoldStone surges as Hong Kong miner takes 21% stake
GoldStone Resources (AIM: GRL) shares jumped on Monday after the Ghana-focused gold developer secured a £3.51 million ($4.6 million) strategic investment from Hong Kong-listed Persistence Gold Group (HKEX: 2489) to…
Rinehart invests $50M in X-ray tech for ore, cancer
Gina Rinehart, Australia’s richest person, is backing California-based Lumitron Technologies with a $50 million investment to commercialize high-resolution imaging technology used to improve ore processing and cancer detection. The investment…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina mines, unlocking at least $5…
Hyundai backs ioneer’s Nevada lithium-boron project
Shares in Australian lithium developer ioneer (ASX: INR) gained this week after securing support from two South Korean engineering and infrastructure groups for its Rhyolite Ridge project in Nevada, a…
Li-FT bets $12M to turn diamond mine into lithium hub
Li-FT Power (TSX-V: LIFT) has secured an exclusive option to acquire Québec’s Renard diamond mine and processing complex, a move that could significantly reduce development costs and accelerate production plans…
BHP, Rio test electric trucks to cut iron ore emissions
Industry leaders begin testing electric haul trucks as mining seeks to cut emissions at scale.
Energy Fuels lands $725M Pentagon loan for rare earths
Energy Fuels (NYSE: UUUU; TSX: EFR) shares jumped on Thursday after the U.S. Department of Defense announced a conditional loan commitment of up to $725 million to expand the company’s…
Rio Tinto’s Oyu Tolgoi resumes exports after blockade
Copper concentrate shipments from Rio Tinto’s (ASX, NYSE, LSE: RIO) Oyu Tolgoi mine resumed on Thursday, a day after protesters blocked a key transport route and threatened exports from one…