AngloGold Ashanti sells South African assets to Harmony Gold
AngloGold Ashanti (NYSE: AU) is selling its assets in South Africa to Harmony Gold (NASDAQ: HMY) in a deal worth about US$300 million. Harmony Gold has nine underground operations in…
Volume 106 Number 5 March 2 – March 15, 2020
Bluestone secures US$30M, names Jack Lundin CEO
Bluestone Resources (TSXV: BSR; US-OTC: BBSRF) has entered into a US$30 million credit facility led by the French financial services firm Natixis. “We were very pleased to receive support from…
Malaysia reverses production ban on bauxite
Malaysia is set to begin issuing bauxite mining licenses in early 2020, four years after it imposed a ban in response to environmental concerns. The Southeast Asian nation produced very…
Haywood bullish on uranium sector fundamentals
While uranium spot prices were down 14% in 2019, supply and demand fundamentals for uranium are the “most bullish in years,” and the sector “offers its most compelling value proposition…
Commentary: Five things to watch for in battery metals this year
In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article….
Geopolitical tensions to burnish gold’s allure in 2020
Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said in a January report. Miners are set to enjoy bumper…