Barrick Gold rolls out new 10-year plan at Kibali mine
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Wednesday it was rolling out a new 10-year plan at its Kibali mine in the Democratic Republic of Congo, which is Africa’s…
Articles by Cecilia Jamasmie
Strike at Newmont’s Peñasquito to further hurt Mexico’s mining sector
Mexico’s chamber of mines (Camimex) is warning the halt of Newmont’s (TSX: NGT; NYSE: NEM) Peñasquito gold-silver operation due to a strike now on its fourth week, will have a…
Artemis Gold receives Fisheries Act permit for BC mine
Artemis Gold (TSXV: ARTG) has received the permit from Fisheries and Oceans Canada for its Blackwater project in central British Columbia, which allows the company to begin in-stream construction work…
Australian lithium M&A heats up with Develop Global’s bid for Essential Metals
Australian base metals explorer Develop Global (ASX: DVP) is buying coveted fellow lithium developer Essential Metals (ASX: ESS) in a share-based deal worth about US$102 million (A$152.6 million). The buyer, a…
Lucapa Diamond achieves debt-free status
Australia’s Lucapa Diamond (ASX: LOM) said on Tuesday it had fully repaid all interest-bearing loans that it borrowed from gold company Equigold and the Industrial Development Corp. of South Africa (IDC). The company,…
Glencore offers to buy rest of PolyMet for US$71M
Mining and commodities giant Glencore (LSE: GLEN) has offered PolyMet Mining (TSX: POM; NYSE: PLM) to buy the company’s shares it does not already own for US$2.11 in cash each,…
Endeavour sells non-core Burkina Faso mines as it reportedly hunts for other assets
Endeavour Mining (TSX: EDV; LSE: EDV) said Friday it had sold its 90% interests in the Boungou and Wahgnion gold mines in Burkina Faso for about US$300 million, as part…
Stelar Metals secures 90% stake in Trident lithium project
Critical minerals explorer Stelar Metals (ASX: SLB) has completed the acquisition of mining tenements in New South Wales, Australia, which include the Trident Lithium project. The deal with the state…
French-British venture to develop UK’s largest lithium deposit
French mining group Imerys and British Lithium are joining forces to speed up the development of the U.K.’s largest lithium deposit, said to have enough of the battery metal to…
Mining the moon to lift off within 10 years, says NASA
The United States’ space agency (NASA) is looking to operate a pilot processing plant for lunar resources by 2032, as part of its planned Artemis missions that will also take…
Rainbow Rare Earths reaches deal for 100% of Phalaborwa in South Africa
Rainbow Rare Earths (LSE:RBW) has inked an agreement with Bosveld Phosphates that would give it full ownership of the Phalaborwa rare earths project in South Africa. The deal will see the…
Appian Capital grabs majority stake in Namibian zinc mine
Appian Capital Advisory said on Tuesday it had completed the acquisition of an almost 90% stake in the Rosh Pinah underground zinc mine in southern Namibia from Trevali Mining. As…