Gold Fields, AngloGold JV in Ghana hits roadblock
Gold Fields (NYSE: GFI; JSE: GFI) and AngloGold Ashanti (NYSE: AU; JSE: ANG) said on Thursday that they have yet to make progress on their proposed joint venture in Ghana,…
Articles by Cecilia Jamasmie
Canada approves Pan American’s sale of Peru mine to Zijin
Canada has approved Pan American Silver’s (TSX: PAAS; NYSE: PAAS) sale of its La Arena open-pit mine and project in Peru to Jinteng Mining, a subsidiary of China’s Zijin Mining Group. The approval, granted…
Pan African expands into Australia, halts Sudan project
South Africa’s Pan African Resources (LSE: PAF; JSE: PAN) is expanding into Australia with the acquisition of gold junior Tennant Consolidated Mining Group (TCMG) for US$54.2 million, as it suspends exploration…
Kodal tussles with Bougouni partner over $15M Mali tax payment
U.K.-based mineral explorer and developer Kodal Minerals (LSE: KOD) and its Chinese joint venture partner Hainan Mining Co. in the Bougouni lithium project disagree over who is responsible for a…
Anglo American sells Australian coal JV stake for $1.5B
Anglo American (LSE: AAL) has agreed to sell its minority stake in an Australian coal mining joint venture for A$1.6 billion ($1.5 billion), marking a significant step in its strategy…
Ecuador to reopen mining register for first time in over six years
Ecuador’s mining sector is following closely President Daniel Noboa’s recent decision to reopen and update the country’s mining cadaster within six months. The executive decree, signed last week, mandates the…
American Salars acquires lithium project in Quebec
Vancouver-based junior American Salars (CSE: USLI; US-OTC: USLIF) is acquiring the Lac Simard South lithium project in Quebec, close to Sayona Mining’s (ASX: SVA) lithium projects. It’s granting Quartier Mineral…
Rio Tinto adopts space tech for lithium exploration in Argentina
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has adopted space technology from Australia’s Fleet Space to boost its exploration efforts at its Rincon lithium project in Argentina. The world’s…
Hochschild Mining adds Cerrado project to Brazil portfolio
Precious metals producer Hochschild Mining (LSE: HOC) is expanding its presence in Brazil by exercising an option to buy Cerrado Gold‘s (TSXV: CERT) Monte Do Carmo project for up to US$60 million. The…
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The world is currently on course for global warming levels between 2.5˚C and 3˚C by the end of the century, far exceeding the 1.5˚C target outlined in the Paris Agreement…
AngloGold to close US$2.5B Centamin buy in November
Centamin (LSE: CEY) shareholders have voted in favour of AngloGold Ashanti’s (NYSE: AU; ASX: AGG; JSE: ANG) proposed US$2.5-billion takeover of the Egypt-focused gold miner. Centamin noted that the necessary…
Gold Fields completes Osisko buy for ownership of Windfall
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) said on Monday it had completed the $2.2-billion acquisition of Osisko Mining, which makes it the sole owner of the Windfall project…