Namibia greenlights Bannerman’s Etango uranium project
Bannerman Energy (ASX: BMN) said on Friday it had received the mining licence for its flagship Etango uranium project in western Namibia, Africa’s biggest producer of the ore. Bannerman said…
Articles by Cecilia Jamasmie
Gates, Bezos-backed KoBold Metals in four-continent quest for lithium
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has launched a four-continent search for lithium, the coveted metal used in batteries that power electric…
Osisko Gold Royalties sells Osisko Mining shares
Canada’s Osisko Gold Royalties (TSX:OR; NYSE: OR) has sold all the shares it held in exploration and development company Osisko Mining (TSX: OSK) for $132 million (US$98.3 million). The Montreal-based firm,…
Eldorado Gold shares fall on lower Lamaque reserves
Shares in Eldorado Gold (TSX: ELD; NYSE: EGO) fell on Wednesday after the company announced a 5% decrease this year in proven and probable gold reserves at specific assets within…
Mystery buyer in deal with Petra Diamonds for idled Koffiefontein mine
South Africa’s Petra Diamonds (LSE:PDL) has signed a non-binding deal to sell its loss-making Koffiefontein diamond mine in its home country to an unnamed party. Terms of the potential sale…
Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
ASX-listed MetalsGrove jumps on Zimbabwe lithium assets acquisition
Shares in MetalsGrove Mining (ASX: MGA) jumped 16% on Monday after the Australian explorer said it had entered into a strategic agreement to buy six contiguous and highly prospective lithium-tin-tantalum…
Barrick gets go ahead for Goldrush mine ramp-up
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday the US Bureau of Land Management has approved the company’s plan of operations for its Goldrush underground mine at the Cortez…
First Quantum appeals for access to Cobre Panama to safeguard environment
First Quantum Minerals’ (TSX: FM) has requested the Panama government help restore its access to the Cobre Panamá copper mine, which it was forced to shut earlier this month, in…
Price decline woes likely over, says Petra Diamonds
Petra Diamonds (LSE: PDL) said on Friday a decline in diamond prices experienced this year has likely bottomed as the company is already seeing improved market conditions. The South African…
Chile aims to be among world’s top three cobalt producers
Chile, the world’s top copper producer, unveiled this week an ambitious plan to become one of the three largest cobalt producing nations as it simultaneously boosts its lagging copper output….
Gold Royalty invests $31M in Aura’s gold project in Brazil
Canadian precious metals royalty and streaming company Gold Royalty (NYSE: GROY) is investing $31 million to finance Aura Minerals’ (TSX: ORA) Borborema gold project, in Rio Grande do Norte state,…