With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country’s economic contraction.
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Ruben Fernandes, who has led the company’s iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.
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Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.
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Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.
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SolGold begins 2019 strong on new mineralization at Ecuador project Read More »
Barrick now trades as GOLD in New York and continues as ABX in Toronto.
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New era for Barrick Gold begins Read More »
The founder of US private security company Blackwater aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper, mainly in Africa and Asia.
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China’s No.1 gold miners aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.
The post China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover appeared first on MINING.com.
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The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa’s Industrial Development Corporation (IDC).
The post Lucapa Diamond locks in Mothae mine funding appeared first on MINING.com.
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The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material.
The post Eight months, millions later, Anglo American restarts Minas Rio appeared first on MINING.com.
Eight months, millions later, Anglo American restarts Minas Rio Read More »
The Canadian miner miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they’ll be equally split between its Kansanshi and Sentinel mines.
The post First Quantum Minerals to let go 2,500 workers in Zambia over tax hikes appeared first on MINING.com.
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