Colombia names leftist engineer as new mining minister
Andrés Camacho, 42, will be in charge of Colombia’s transition away from its two main sources of revenue: oil and coal.
Articles by Cecilia Jamasmie
De Beers US$2.3B Venetia mine expansion yields first diamonds
De Beers, the world’s largest diamond producer by value, announced on Tuesday it had recovered the first diamonds from its new US$2.3-billion ($3 billion) underground operations at the Venetia mine in South…
Albemarle moves ahead with Kemerton plant expansion
It has awarded a A$200 million ($135m) contract to engineering company Monadelphous Grouppertaining.
Bluejay Mining goes solo at Finland project as JV with Rio Tinto ends
Bluejay Mining (LSE: JAY) said Monday that it will take full ownership of the Enonkoski nickel-copper-cobalt project in Finland, as its joint-venture agreement with Rio Tinto has ended. The London-based…
South32 takes US$1.3B charge on Arizona project
Australia’s South32 (ASX: S32; LSE: S32) announced on Monday a US$1.3 billion ($1.7 billion) non-cash impairment expense on its Hermosa zinc-lead-silver project in southern Arizona, which will be reflected in…
Colombia takes aim at ‘mining disorder’ with proposal limiting activity in vulnerable ecosystems
Colombia’s government made public a draft decree aimed at setting new criteria for establishing temporary natural reserves within the context of mining and environmental regulations. The decree, which can be…
Excellon Resources’ shares drop after failed bid to acquire La Negra silver mine
Excellon Resources’ (TSX: EXN; NYSE: EXN) shares plummeted following the news that its $50-million planned acquisition of the past-producing La Negra silver mine in Mexico, announced in January, has fallen…
Antofagasta’s Arriagada, Collahuasi boss among top picks for Codelco’s CEO job
Chile’s state-owned miner Codelco, the world’s top copper producer, is said to have narrowed down the list for the company’s potential new chief executive to about five candidates, including Antofagasta’s…
MinRes backs out of Chinese investment deal with Albemarle
Australia’s Mineral Resources (ASX: MIN) has pulled the plug on a billion-dollar deal that would have seen it acquire a stake in downstream assets in China owned by lithium giant…
Rio Tinto flags cost hike at Argentina lithium project
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has noted a likely cost estimate and schedule review for its Rincon lithium project in Argentina’s Salta Province, an emerging hub for…
Tata Group to build $6-billion gigafactory in the UK
Tata’s first gigafactory outside of India will supply locally-made batteries to the company’s its Jaguar Land Rover factories.
Canada’s regulator clears Newmont’s acquisition of Newcrest
Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition of Australia’s Newcrest Mining (ASX: NCM; TSX: NCM)….