Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Articles by Cecilia Jamasmie
Lundin Mining becomes majority owner of Caserones copper mine
Lundin Mining (TSX: LUN) has completed the acquisition of a majority stake in the company that operates the Caserones copper-molybdenum mine in Chile, the world’s largest producer of the metal….
Savannah Resources raises $10M for Europe’s biggest lithium project
Savannah Resources (AIM: SAV) said on Friday it had raised £6.1 million ($10.4 million) through equity, which allows it to move forward with its Barroso lithium project in Portugal, slated…
US Gold granted key permit for CK gold project in Wyoming
U.S. Gold (NASDAQ: USAU) has been granted a key permit that allows the company to proceed with construction at its proposed CK gold-copper-silver mine in Wyoming. The industrial siting permit…
Fortescue Metals says founder’s split with wife won’t affect miner
Australian iron ore miner Fortescue Metals Group (ASX: FMG) said on Thursday the breakdown of executive chairman Andrew Forrest’s marriage will have no impact on the couple’s mining business or…
BHP and Vale square off in London court over Samarco tailings disaster
Vale is challenging BHP’s claim that the two miners should split any fine over the deadly 2015 dam collapse in Brazil.
Study highlights deep-sea mining impact on tuna as ISA preps first rules for nascent sector
Extracting minerals from the ocean floor would negatively impact the tuna industry as the fish is expected to migrate habitat towards areas of the Pacific Ocean currently slated for deep-sea mining…
Deep-South stock soars after Namibia renews copper project licence
Canada’s Deep-South Resources (TSX-V: DSM) can finally resume work at its Haib copper project in Namibia as the country’s government has renewed the miner’s prospecting licence for two years. The awaited…
Scotgold halts guidance, launches operational review
Shares in Scotgold Resources (LSE: SQZ) fell more than 18% on Monday after the troubled miner withdrew its full-year guidance as it began a third-party review of its operation on…
Patriot Battery Metals hits back at short-seller report
Canadian lithium explorer Patriot Battery Metals (TSX-V: PMET; ASX: PMT) refuted on Monday claims published in a short-seller report, stating the assertions made by Night Market Research were “factually inaccurate…
SQM grows Aussie footprint with Tambourah earn-in deal
Chile’s SQM (NYSE: SQM), the world’s second-largest lithium producer, has inked an earn-in agreement with Tambourah Metals (ASX: TMB) covering the Australian explorer’s Julimar North project in Western Australia Under the…
Altona to resume drilling at rare earths project in Mozambique
Altona Rare Earths (LSE: REE) said on Wednesday it had reopened its Monte Muambe rare earths project in Mozambique, with drilling to resume on or around July 15. The exploration…