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Barrick’s bid for Acacia an “appropriate” and “elegant” solution to Tanzania’s woes — CEO

The $285-million takeover bid, considered by some analysts and Acacia’s minority shareholders as a low, would see the world’s second largest gold miner buying the remaining 35% of the African miner it does not already own, at a discount.

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Danakali about to secure financing for potash project in Eritrea

Debt financing agreements worth $200 million could be finalized “any day” and are expected to catalyze equity financing to start the almost 30-month development of the 1.1 billion-tonne Colluli sulphate of potash project, the company said.

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Workers at Codelco’s Chuquicamata mine to vote on strike action

Unionized workers rejected on Saturday the miner’s final contract negotiation offer and announced that they will vote on a proposal to go on strike.

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Russian scientists working on technology for extracting non-ferrous and noble metals

The goal is to study the physicochemical patterns and mechanisms of nitric acid dissection of hard-to-process ores.

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