Cecilia Jamasmie

World’s top uranium miner Cameco swings to loss in first quarter

The uranium producerlogged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago. That’s equivalent to a decrease of five cents per share, versus a profit of 14 cents per share in the same quarter last year.

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Alphamin begins commissioning Bisie tin mine in DRC

Commercial production at the tin mine, which is surrounded by dense forest, deeply weathered soils and experiences high rainfall, is expected in the second half of the year.

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Sirius Minerals gets JPMorgan backing for Britain’s biggest fertilizer mine

The company’s stock fell to its lowest in more than a year — likely a market reaction to the higher funding costs and dilution from the share placing.

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Australia’s Alliance Mineral inks key lithium deal with Chinese EV firm

Joint venture with Jiangxi Special Electric Motor, a major Chinese maker of engines for electric vehicles, will allow Alliance to participate in the downstream lithium products market without having to incur the capital costs or risk associated with the construction of a conversion facility.

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Australian junior Aurelia goes after Glencore’s copper mine

Aurelia Metals is in talks with the Swiss miner and commodity trader about a possible acquisition of CSA underground mine, which produced 48,000 tonnes of copper concentrate last year.

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