Controlling shareholder grabs Avesoro Resources

West Africa-focused gold miner to delist from both the Toronto Stock Exchange and the AIM market of the London Stock Exchange.

Cecilia Jamasmie | December 4, 2019 | 7:24 am

Vale aims to boost nickel production by 70%

The company will divest its New Caledonia operation, eyes Indonesia for expansion.

Cecilia Jamasmie | December 4, 2019 | 4:45 am

Firestone Diamonds’ Liqhobong mine back at full tilt as power returns

Processing was halted from Oct.1 to Oct. 26, when diesel generators were commissioned. The plant then operated at between 80% and 90% capacity throughout November.

Cecilia Jamasmie | December 4, 2019 | 3:58 am

2020 renewables use spike not enough to meet climate change goals

According to The Economist Intelligence Unit, global energy consumption from renewables will jump by 14% next year, yet not enough to solve a climate crisis.

Cecilia Jamasmie | December 3, 2019 | 5:00 pm

Centamin rebuffs $1.9 billion takeover bid from Endeavour Mining

Egypt-focused Centamin said the proposal did not offer enough value its shareholders.

Cecilia Jamasmie | December 3, 2019 | 12:30 pm

Danakali secures $50 million investment from Africa Finance Corporation

The funds will allow the miner to speed up development of its world-class Colluli sulphate of project (SOP) in Eritrea.

Cecilia Jamasmie | December 3, 2019 | 5:52 am

Kinross Gold sells royalty portfolio to Maverix Metals for $74m

The deal involves 25 precious metals royalties and a number of early stage development and exploration projects.

Cecilia Jamasmie | December 2, 2019 | 7:41 am

Zijin Mining buys Canada’s Continental Gold in $1 billion deal

The deal would give China’s No.1 gold producer access to the Buriticá gold project in Colombia, expected to begin production next year.

Cecilia Jamasmie | December 2, 2019 | 5:00 am

Two members of Vale’s board step down in connection to deadly dam disaster

The two executives are Marcio Hamilton Ferreira, chair of the finance committee, and Marcelo Augusto Dutra, who leads the compliance committee.

Cecilia Jamasmie | December 2, 2019 | 3:25 am

Codelco to cut spending by $8bn through 2028 as profit halves

The world's largest copper miner saw pre-tax earnings to September fall by 57% due to heavy rains, strikes and lower metal prices.

Cecilia Jamasmie | November 29, 2019 | 9:50 am

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