Cecilia Jamasmie

Pan American Silver shares crater as 2018 results slightly below targets

The Canadian miner said it had churned out 24.8 million ounces of silver last year, just shy of the 25-26.5 million ounces expected.

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Barrick mulls selling Zambia copper mine over higher taxes

While company denied media reports that it had sold Lumwana, it said that given the challenging conditions the mine was facing in Zambia, all options would have to be considered.

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BHP said to owe $215m in underpaid iron ore royalties to Western Australia

State claims BHP used its wholly-owned Singapore marketing hub subsidiary to understate the price of iron ore sold Japan and China buyers.

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Australia’s MOD rebuffs Sandfire’s $63m takeover bid, but willing to negotiate

MOD also said it would raise about A$15 million via a share placement and rights issue, with the majority of the proceeds to be used to advance the T3 copper project in Botswana towards production.

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China Moly ups stake in giant Tenke copper mine to 80%

Company has agreed to buy BHR Newwood DRC Holdings Ltd, a holding company set up by private equity firm BHR to buy a 24% stake in the Congo mine in 2017.

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Brazilian general with mining ties to solve industry-indigenous disputes

General Franklimberg Ribeiro de Freitas’s return to the country’s Indigenous Rights Agency (Funai) is seen by many as positive, as the agency has lost funding and authority on land issues.

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