Brazil rejects Vale, BHP US$25B offer for mine disaster
Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.
News
Explorer combs near ex-Rio copper mine in Pacific
A private Canadian junior is exploring on Papua New Guinea’s Bougainville Island that suffered a decade-long civil war and environmental damage linked to a former Rio Tinto (NYSE: RIO; LSE:…
Aluminum: the copper grid alternative
From the humble drink can to the airframe of an F-16 fighter jet, aluminum’s role in the global economy is diverse and critical. Like copper, aluminum is used in established…
JV Article: New legislation to ‘turbo-charge’ mining in New Zealand: Resource Minister
The election of a new Prime Minister late last year was a geopolitical shift in New Zealand. The new government introduced a fast-track approvals bill for infrastructure and mining projects…
Contango grows Alaska gold footprint with two buys
Emerging North American gold producer Contango Ore (NYSE-A: CTGO) is boosting its landholding and production in Alaska with the acquisition of Canada’s HighGold Mining (TSXV: HIGH; US-OTC: HGMIF) and an…
Pan American Silver sells La Arena gold project in Peru to Zijin Mining for US$295M
Pan American Silver (TSX: PAAS; NYSE: PAAS) is selling its La Arena gold mine in Peru to China’s Zijin Mining for US$245 million cash upfront and a US$50 million contingent…
Dundee Precious Metals rushes Serbian gold discovery to high-margin PEA
Dundee Precious Metals (TSX: DPM) assembled a study backing development for its Čoka Rakita gold discovery in Serbia in 18 months. With an initial investment of US$381 million and at…
Savannah converts to indicated most of Barroso lithium project resource in Portugal
Savannah Resources (AIM: SAV) has announced a significant resource upgrade for the Barroso lithium project in Portugal, with 93% of resources now in the indicated category. The update is a…
Treasury Metals to buy Giustra-backed Blackwolf Copper and Gold
Treasury Metals (TSX: TML; US-OTC: TSRMF) is bolstering its balance sheet and management with a deal to acquire Alaska-focused Blackwolf Copper and Gold (TSXV: BWCG; US-OTC: BWCGF) and its development-stage…
Abitibi Metals posts 2.3% copper at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) reported more strong copper mineralization on Thursday at its B26 deposit in western Quebec after results earlier in the week and in March. Drill hole…
Ghana Stock Exchange approves listing for Atlantic Lithium
The miner is developing the Ewoyaa project, which will be Ghana’s first lithium operation.
Anglo American copper assets worth US$35B: analyst
BHP’s (ASX, LSE, NYSE: BHP) bold move last week to approach Anglo American (LSE: AAL) with an unsolicited US$39 billion takeover offer has as its main objective to grab copper…