Cecilia Jamasmie , Editor-in-Chief

Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

The fresh round of returns follows Rio’s promise in August to give shareholders up to $7 billion through dividends and share buybacks.

Cecilia Jamasmie | September 20, 2018 | 3:48 am

Norsk Hydro not buying Rio Tinto’s aluminum plant in Iceland

The Norwegian firm, one of the world’s top producers of aluminum and alumina, said the deal faced opposition from European regulators.

Cecilia Jamasmie | September 20, 2018 | 3:00 am

Lundin lowers costs, ups reserves for Ecuador’s largest underground mine

The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That’s 73,000 ounces more than what was indicated in the previous estimate.

Cecilia Jamasmie | September 19, 2018 | 9:06 am

Metminco jumps into the battery metals wagon with nickel project buy

Until now, the Australian miner had been advancing exploration projects in Latin America focused mainly on gold, but with significant exposure to copper, molybdenum and zinc.

Cecilia Jamasmie | September 19, 2018 | 6:00 am

Kirkland Lake Gold almost doubles stake in Osisko Mining

The move also expands Kirkland’s ownership of interest in the Urban Barry area of northwestern Quebec, which the company believes to be “highly prospective mining camp" in Canada.

Cecilia Jamasmie | September 19, 2018 | 3:31 am

BHP ditching ‘Billiton’ from its name, trims CEO pay rise

Miner will ask shareholders at the annual meeting in October to vote to rename the company in an effort to emphasize its Australian roots.

Cecilia Jamasmie | September 18, 2018 | 5:13 am

Eldorado demands $877m from Greece as compensation for permit delays

The non-judicial request relates to damages suffered by the company as a result of a longer-than-expected wait for its Skouries project's permits.

Cecilia Jamasmie | September 18, 2018 | 3:45 am

South Africa imposes tough conditions on Sibanye-Lonmin deal

The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

Cecilia Jamasmie | September 17, 2018 | 9:25 am

Lithium Power closer to start mining at Chile’s Maricunga

The Maricunga project in northern Chile has seen significant past exploration, with over $30 million spent to date.

Cecilia Jamasmie | September 17, 2018 | 7:22 am

Petra Diamonds CEO to leave following shares value dip, debt increase

Johan Dippenaar has held the top position since 2005, when Petra merged with Crown Diamonds.

Cecilia Jamasmie | September 17, 2018 | 3:40 am

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