Junior Mining News

China marks cobalt, copper ascendancy in Congo with new group

By Bloomberg News More than 30 Chinese companies active in the Democratic Republic of Congo formed a business association backed by both countries’ governments, further cementing China’s ascendancy in copper and cobalt production in the central African nation. The 35-member Union of Mining Companies with Chinese Capital will facilitate “communication and exchange between the Chinese

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Eagle Plains, Roughrider Commence Exploration Activity on Brownell and Olson Projects

By Scott Tibballs Eagle Plains Resources(TSXV:EPL) as project operator, has notified Roughrider Exploration (TSXV:REL) that crews have been mobilized to carry out two separate exploration programs on the Brownell Lake (VMS-polymetallic) and Olson (gold) exploration properties located approximately 120km east of La Ronge, Saskatchewan. Under the terms of the Brownell Lake option agreement, Eagle Plains

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Iron ore magnate Rinehart offers $290 million in cash for Atlas

By Cecilia Jamasmie Australia’s wealthiest woman and mining tycoon, Gina Rinehart, became Monday the third party interested in buying Atlas Iron this year after offering A$390 million ($290 million) in cash for the junior miner. The bid, made by Redstone Corporation Pty Ltd, a wholly‐owned subsidiary of Rinehart’s Hancock Prospecting, comes only a week after

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Mystery Russian gold mine investor revealed as crypto executive

By Bloomberg News One of the strangest stories in the mining industry this year has been the battle between Russian gold miner Petropavlovsk Plc and its activist, mystery shareholders. For weeks, the company has demanded to know the identity of its new shareholders, who are leading a fight to oust the board and represented by

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