Cecilia Jamasmie

Australian corporate watchdog goes after Merlin Diamonds

ASIC has for months been probing how Merlin Diamonds has loaned A$13 million of investor money to a private company, AXIS Consultants, which has long been associated with the miner’s chairman and his family.

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Australian corporate watchdog goes after Merlin Diamonds

ASIC has for months been probing how Merlin Diamonds has loaned A$13 million of investor money to a private company, AXIS Consultants, which has long been associated with the miner’s chairman and his family.

The post Australian corporate watchdog goes after Merlin Diamonds appeared first on MINING.com.

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Turquoise Hill’s role in Oyu Tolgoi-related decisions may change this week

SailingStone Capital, the second largest shareholder in Rio Tinto- controlled Turquoise Hill is expected to vote against the re-election of the Canadian miner’s board members this week.

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B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion

Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.

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World’s largest hard rock lithium mine to get bigger

Talison Lithium, a partnership between China’s Tianqi and U.S. group Albemarle, obtained an environmental approval for the A$516-million ($361m) expansion of Greenbushes mine, in Western Australia.

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