Cecilia Jamasmie

Canada injects $325K into ‘climate change adaptation’ for mining sector

Mining Association of Canada (MAC) will be in charge of developing program to give miners tools and knowledge needed to better plan for climate change.

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South African court clears way for Sibanye’s acquisition of Lonmin

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.

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IAMGOLD tactfully rejects rumours of planned assets sale

Canadian miner said it wasn’t aware of any “material change” that would account for the sharp price rise in its stock on Thursday and into early trading on Friday.

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Poland’s KGHM hits production record thanks to Sierra Gorda copper mine

Europe’s second-largest copper producer also posted its best quarterly results in the last three years, with revenue rising by PLN 1.2 billion (about $312 million).

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De Beers, Namibia to spend $468m in world’s first custom-built diamond searching ship

New vessel is expected to add about 500,000 carat a year of production capacity to Debmarine Namibia, a 50/50 joint venture between De Beers and the African nation’s government.

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Ivanhoe Mines secures full financing for first two mines in Congo

Zijin, China’s No.1 gold producer and Ivanhoe’s partner in the now massive Kamoa-Kakula copper project in the DRC, added an additional C$67 million (about $49m) into the Canadian company’s coffers.

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Australia’s St. Barbara grabs Canada’s Atlantic Gold in $536m deal

Moves gives Aussie maccess to the Moose River gold complex in Nova Scotia, which comprises one producing open-pit (Touquoy) and three others in development (Beaver Dam, Fifteen Mile Stream and Cochrane Hill).

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Rio Tinto plans to start mining lithium in Serbia by 2023

No decision will be made until the end of 2020, when the company expects to have completed a study on the Jadar, which is estimated to contain 10% of the world’s lithium reserves.

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