Infomine

BHP ditching ‘Billiton’ from its name, trims CEO pay rise

By Cecilia Jamasmie World’s largest miner BHP Billiton (ASX, NYSE:BHP) (LON:BLT) is rolling out the second phase of a $10 million rebranding campaign launched last year, which may see it become dropping “Billiton” from its name an attempt to emphasize its Australian roots. Documents released Tuesday to the Australian Securities Exchange, show the miner will

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Lithium Power closer to start mining for lithium at Chile’s Maricunga

By Cecilia Jamasmie Australia’s Lithium Power International (ASX:LPI) is moving forward with its plans to mine for lithium in Chile as it has submitted the environmental impact assessment (EIA) for its Maricunga project to the country’s environmental authority (Servicio de Evaluación Ambiental or SEA). The company, which operates in the copper and lithium-rich South American

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Petra Diamonds CEO to leave following shares value dip, debt increase

By Cecilia Jamasmie Shares in Petra Diamonds (LON:PDL) climbed more than 6% on Monday after the South African miner reported a 37 percent increase in full-year earnings thanks to higher output at its mines. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) jumped to $195.4 million from $142 million in the previous year, Petra

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Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system

By Valentina Ruiz Leotaud Lucapa Diamond (ASX:LOM) said it supports the recent diamond sector reforms announced by Angola’s government and that it will sell certain select large premium-value diamonds from its prolific Lulo mine through the country’s new marketing channels. In detail, the Australian miner and its partners Empresa Nacional de Diamantes and Rosas &

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How an Aussie miner and American tech company plan to extract lithium quickly in Argentina

By Valentina Ruiz Leotaud Australia’s Lake Resources NL (ASX: LKE) and America’s Lilac Solutions recently announced that they had established a partnership with the idea of developing the Kachi Lithium Brine Project in Argentina. Lake owns the project, which is located in the northwestern Catamarca province, some 100 kilometres south of FMC’s Hombre Muerto lithium

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Top cobalt mines ranked by production in 2017

By Michael Allan McCrae Glencore’s Mutanda Mine in the Democratic Republic of Congo produced 23.9 kilotonnes of cobalt in 2017 making Mutanda the world’s biggest producer of the blue metal that is also owned by a publicly-traded company. Ranking was compiled using data from Mining Intelligence. Annual cobalt production is gathered from publicly-traded mining companies,

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Mitsubishi, Sumitomo said to be after Teck’s Quebrada Blanca mine

By Cecilia Jamasmie Japanese trading Mitsubishi and Sumitomo are said to be interested in becoming a partner of Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK) at Canada’s largest diversified miner’s Quebrada Blanca copper mine in northern Chile. Teck, which last month received regulatory approval for a $4.8-billion extension of the mine, has been looking for a development

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