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Base Metals
 
DIVERSIFIED MINERS

Upbeat Glencore’s shares rise as dividend lifts, share buyback kicks off to analyst adulation

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Glencore CEO Ivan Glasenberg Upbeat diversified miner and marketer Glencore, which declared an 11% higher dividend for the six months to June 30 on the back of above-consensus half-year results, has put a $1-billion share buy-back programme under starter’s orders, which has...
20th August 2014
 
 
DIVERSIFIED MINERS

South Africa gets 200-job sweetener as BHP Billiton spins out Newco

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Newco CEO-designate Graham Kerr The world’s largest diversified mining company has created sweeteners for South Africa as it demerges and sets out to create a new global metals company that will have a third of its value made up of Southern African aluminium, manganese and...
19th August 2014
 
 
LEAD/ZINC

Berkeley receives enviro nod for Kabwe mine tailings project

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Mineral processing company Berkeley Mineral Resources (BMR) on Tuesday reported that the Zambia Environmental Management Agency (Zema) had issued it a written approval for the environmental impact statement (EIS) related to proposed lead-zinc...
19th August 2014
 
 
NICKEL

Sirius awarded mining lease at Nova

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The Department of Mines and Petroleum has awarded nickel developer Sirius Resources a mining lease over its Nova project, in Western Australia. The lease was granted just nine business days after signing a mining access agreement with the regions...
19th August 2014
 
 
ENVIRONMENT

British Columbia orders independent reviews of all province’s tailings dams

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In the wake of Imperial Metals’ Mount Polley mining disaster, the British Columbia government on Monday ordered independent third-party reviews of 98 permitted tailings impoundments at 60 operating and closed metal and coal mines in the province....
18th August 2014
 
 
EXPLORATION

Nevsun ‘excited’ about continued drilling success at Harena, Eritrea

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Bisha, Eritrea TSX- and NYSE MKT-listed Nevsun Resources, which is focused on extracting copper from its 60%-owned high-grade Bisha copper mine, in Eritrea, on Monday said it was “excited” about continued positive drilling results at the Harena deposit, located...
18th August 2014
 
 
BASE METALS

Ivanhoe appoints banks to conduct strategic review of DRC assets

0 COMMENTS
Africa-focused project developer Ivanhoe Mines on Monday said it had appointed BMO Capital Markets and Morgan Stanley & Co International as financial advisers to conduct a strategic review of its Kamoa and Kipushi base metals projects, in the...
18th August 2014
 
 
COPPER/GOLD

Oz Minerals ‘highly encouraged’ by Carrapateena study

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A prefeasibility study (PFS) into ASX-listed Oz Minerals’ Carrapateena project, in South Australia, has found that the project could deliver about A$22.1-billion in revenue over its 24-year mine life. The project was expected to deliver 114 000...
18th August 2014
 
 
 
 
 
 
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