Zijin in talks to buy US$6.4B China lithium miner
Chinese copper and gold producer Zijin Mining Group (HK: 2899) revealed on Friday it is in talks with Zangge Mining’s top two shareholders to buy a controlling stake in the lithium…
Articles by Cecilia Jamasmie
Canada knocks Trump’s claims of resource independence
Canada’s minister of energy and natural resources, Jonathan Wilkinson, has pushed back against U.S. president-elect Donald Trump’s recent claim that America doesn’t need anything from its northern neighbour as “simply…
Gemfields faces 21% tax as Zambia restores export duty
Shares in Gemfields (LSE:GEM; JSE: GML) fell on Wednesday after the coloured gemstones miner said it faces a high tax bill in Zambia following the government’s decision to re-introduce a…
Lithium Americas raises Thacker Pass reserve
Lithium Americas (TSX, NYSE: LAC) said Tuesday it increased a reserve estimate for the Thacker Pass lithium project in Nevada, the continent’s largest measured and indicated lithium resource, and appointed…
Barrick gives Mali a week to lift restrictions before shutting Loulo-Gounkoto mine
Barrick Gold (TSX: ABX; NYSE: GOLD) has set a deadline this week for Mali to remove new export limits and resolve a dispute over its Loulo-Gounkoto mining complex or it…
Nioko’s buyout offer for Hummingbird to be declared unconditional
Nioko Resources’ £13.8 million ($24.6 million) takeover of Hummingbird Resources (AIM: HUM) has moved closer to completion, as the bidder announced its all-cash offer will be declared unconditional upon submission….
Petra Diamonds cuts forecasts, jobs amid market weakness, softer prices
Petra’s sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.
Earth AI finds gold near Willow Glen molybdenum project, in Australia
Earth AI, an Australian tech-driven explorer for clean energy metals, has found a new gold system at its Willow Glen molybdenum-gold project near Guyra, New South Wales. Using its AI platform,…
Patriot Battery Metals surges on Volkswagen’s $69M buy of 9.9% stake
Shares in Patriot Battery Metals (TSX: PMET; ASX: PMT) soared 29% Wednesday morning on news German automaker Volkswagen plans to take a 9.9% stake in the lithium company for $69…
Arcadium Lithium investors sue it for negligence over US$6.7B Rio Tinto takeover
Arcadium Lithium (NYSE: ALTM; ASX: LTM) is facing legal challenges after shareholders filed lawsuits alleging misrepresentation and negligence linked to Rio Tinto’s (ASX, LON, NYSE: RIO) US$6.7-billion takeover. Philadelphia-based Arcadium…
Rio Tinto, BHP, BlueScope select Perth to build low-emission iron plant
Australia’s two largest iron ore miners, Rio Tinto (ASX, LSE, NYSE: RIO) and BHP (LSE, NYSE, ASX: BHP), working with BlueScope Steel, have selected Perth to locate the country’s largest…
Barrick to halt Mali operations if output remains blocked
Barrick Gold (TSX: ABX; NYSE: GOLD), the world’s second-largest gold miner, has issued a stark warning: it will suspend operations in Mali if shipments of gold remain blocked and disputes…