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Vale and Tesla in Talks to Secure Nickel Supply for Batteries
October 15, 2020
The nickel price ticked up modestly this morning as a reports that Brazilian miner Vale is in talks with Tesla about a secure supply of nickel. Nickel is one of the key components that Tesla uses in the manufacture of
Shanta Gold Starts Construction on Singida Project, Tanzania
October 13, 2020
East Africa-focused gold producer Shanta Gold has commenced construction on the Singida gold mining project in central Tanzania. Located in Ikungi administrative district, Singida Region, central Tanzania, the project comprises three prospecting licenses that cover nearly 52km2 and three mining
Northern Star to Acquire Australian Rival Gold Miner Saracen Mineral for $4.1 Billion
October 13, 2020
Northern Star Resources has agreed to acquire rival Australian gold miner Saracen Mineral in an all-stock deal worth AUD5.76 billion ($4.14 billion). Through a scheme of arrangement, the two firms will merge to create an AUD16 billion ($11.47 billion) global
Amur Minerals Advances Its Kun Manie Project Closer to Bankable Status, Russia
October 8, 2020
Amur Minerals Corporation continues to push the Kun Manie mine project closer to ‘bankable’ status with the key Russian TEO report now said to be “very nearly complete”. Technical studies produced for the TEO — the Russian equivalent of a
Jervois Mining to Acquire Sao Miguel Paulista’s Cobalt Refinery for $22 Million, Brazil
October 6, 2020
Australia-based Jervois Mining has signed an agreement to acquire the Sao Miguel Paulista (SMP) nickel and cobalt refinery in Sao Paulo, Brazil from Companhia Brasileira de Aluminio (CBA), a subsidiary of Brazil’s Votorantim, for BRL125 million ($22.5 million). The SMP
Highfield Resources Securing Joy Miner Bolter for Development of Muga Potash Project, Spain
October 6, 2020
Highfield Resources Ltd’s wholly-owned Spanish subsidiary Geoalcali SLU is securing a Joy miner bolter from Komatsu to play a key role in developing the Muga Potash Project in Spain. The company has signed a contract with Komatsu Mining Corp for
Accident at China’s Songzao Coal Mine Leaves 16 Dead
October 1, 2020
An accident at the Songzao coal mine in southwest China on 27 September has killed 16 of the 17 workers trapped in it owing to the release of excessive levels of carbon monoxide. The ill-fated coal mine is owned by
Pembroke Resources Receives Final Approvals for Its Olive Downs Coal Project, Queensland
October 1, 2020
Australia’s Queensland state gave final approvals for a large coking coal mine in the Bowen Basin on Tuesday as it acts to shore up jobs in the resources industry amid coronavirus-linked disruptions and ahead of a state election next month.
Newmont and Agnico Eagle Form Exploration JV to Advance Anzá Project, Colombia
September 30, 2020
Newmont Corporation has formed an exploration joint venture in Colombia with Agnico Eagle Mines. The 50-50 Joint Venture, which will be operated by Agnico Eagle, will explore the Anzá project and advance other prospective gold targets of district-scale potential in
Global Atomic Submits Mining Permit Application for Its Dasa Uranium Project, Niger
September 30, 2020
Global Atomic Corporation has submitted the mining permit application for its Dasa Uranium Project in Niger. “COVID-19 has thrown many challenges at everyone in 2020, forcing us all to work virtually and deal with disruption in many parts of our
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