Lucapa finds Lulo mine’s third-largest diamond
The diamond is also the second 100-carat-plus stone Lucapa retrieved in October, following the recovery of a 123-carat, type IIa rough at the start of the month. The mine, which…
Articles by Cecilia Jamasmie
ASX-listed Patriot Lithium expands footprint in Canada’s “Electric Avenue”
Patriot Lithium (ASX: PAT) has secured rights over an additional 536 sq. km in one of the largest and highest-grade lithium camps in North America. The land package in Ontario,…
BHP to inject $4.9B in Jansen to double potash output
BHP (ASX: BHP) will invest US$4.9 billion in stage two of its giant Jansen potash project in Canada, as it aims to double capacity by the end of the decade….
Appian invests in US graphite-focused firm Urbix as China export curbs loom
U.K.-based private equity fund Appian Capital Advisory is investing in Urbix, a U.S.-based developer of graphite processing technology, and has inked a deal to develop a commercial-scale downstream processing facility….
Panama to hold referendum on First Quantum contract, halts new projects
Panama will hold a referendum in December to decide the fate of Canada’s First Quantum Minerals (TSX: FM) Cobre Panama copper mine, and has also announced a halt on new…
Panama protesters break into port used by First Quantum Minerals
On the sixth day of protests against the recent approval of the mining concession for the Cobre Panamá copper mine, activists broke into the Punta Rincón International Port, in the…
China’s Shenghe throws Vital Metals a lifeline
Chinese rare earth miner Shenghe Resources is acquiring new shares in Vital Metals (ASX: VML) for an initial A$5.9 million ($3.8 million), allowing the Australian miner to move forward with…
Rinehart buys 18% in Azure Minerals to block SQM takeover
Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals (ASX: AZS), in a strategic move aimed at checking Chilean lithium giant SQM’s…
Cornish Metals shares rise after it preps to dewater tin mine in UK
Shares in Cornish Metals (TSX-V: CUSN; LSE: CUSN) rose by 12.9% Thursday after the company announced it had kicked off work to dewater a past-producing tin mine at its South…
Rinehart may block SQM’s $1B takeover bid of Azure Minerals
Australian billionaire Gina Rinehart, who recently thwarted Albemarle’s (NYSE: ALB) attempt to buy Liontown Resources (ASX: LTR), is now said to be evaluating ways to block Chilean lithium giant SQM’s A$1.6…
Sibanye-Stillwater shake-up puts more than 4,000 jobs at risk
Precious metals producer Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) said a planned restructuring could see it shut down four loss-making platinum group metal (PGM) mines in South Africa, resulting in the…
SolGold advances plan to sell flagship Ecuador copper project
SolGold (LSE: SOLG) said on Wednesday it’s making headway with the potential sale of its flagship Cascabel copper-gold project in Ecuador, as it has held talks with more than 20…