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Anglo, Sirius reach acquisition agreement

By: Martin Creamer     20th January 2020 The boards of Anglo American plc and Sirius Minerals plc have reached agreement on the takeover of the share capital of Sirius for £404.9-million. The acquisition will enable diversified  mining company Anglo to enter the fertiliser space through ownership of an underground polyhalite mining... 

DRC President to attend Mining Indaba

By: Simone Liedtke     17th January 2020 Democratic Republic of the Congo (DRC) President Félix Tshisekedi will be attending this year’s Investing in African Mining Indaba, which will be held in Cape Town next month. He will be accompanied by a large delegation from the DRC, including two newly appointed Cabinet Ministers, namely Energy... 

Taseko has ambitious North American copper growth plans

By: Mariaan Webb     17th January 2020 Metals miner Taseko Mines is preparing for a nearly fourfold increase in its copper production by the middle of the decade, as the Vancouver-based company advances plans to add 285-million pounds a year of the metal from planned mines in the US and Canada. Taseko’s 70%-owned Gibraltar mine,... 

Woodside ups production target for 2020

By: Esmarie Iannucci     16th January 2020 Oil and gas major Woodside Petroleum has reported a 3% rise in production and a 12% rise in revenues for the fourth quarter ending December. “Production and sales revenue increased compared with the third quarter of 2019 due to the strong performance from Greater Enfield,” said Woodside CEO... 

AVZ finds power solution for DRC project

By: Esmarie Iannucci     15th January 2020 Lithium hopeful AVZ Minerals on Wednesday announced that its subsidiary AVZ power SAU had inked a memorandum of understanding (MoU) with the Ministry of Hydraulic Resources and Energy, in the Democratic Republic of Congo, to investigate the refurbishment of the Mpiana-Mwanga hydro-electric power... 

Comstock progresses with acquisition, disposal objectives

By: Marleny Arnoldi     9th January 2020 NYSE-listed precious metals miner Comstock Mining on Thursday announced the sale of its two properties in Silver Springs and water rights for about $10-million. The sale of the nonmining assets will allow Comstock to eliminate its remaining debt of $4.9-million and fund its planned growth... 

Tshipi expansion on the cards for Jupiter  

By: Esmarie Iannucci     7th January 2020 ASX-listed Jupiter Mines has completed a concept study on the expansion of its Tshipi Borwa manganese mine, in South Africa, with a feasibility study expected to start shortly. Jupiter on Tuesday said that the feasibility study will be based on the production of 4.5-million tonnes, a 50%... 

Flinders happy with Pilbara scoping results

By: Esmarie Iannucci     7th January 2020 A scoping study into the Pilbara iron-ore project, in Western Australia, has confirmed the viability of an opencut mining operation, ASX-listed Flinders Mines said on Tuesday. The scoping study was based on the current mineral resource estimate of 1.4-billion tonnes, and indicated a production... 

Glencore’s Katanga reaches agreement on land for Kamoto tailings  

By: Creamer Media Reporter      20th December 2019 Katanga Mining, the Glencore subsidiary that operates in the Democratic Republic of Congo (DRC), has reached an agreement to acquire land where it could build a new long-term tailings facility for its 75%-owned Kamoto Copper Company (KCC) operations. The agreement with DRC State miner Gécamines,... 

Cimic wins Rio contracts

By: Esmarie Iannucci     20th December 2019 Mining major Rio Tinto has awarded some A$150-million worth of contracts to ASX-listed mining contractor Cimic’s subsidiary CPB Contractors. CPB Contractors will deliver three separate packages of work at Robe Valley, in the Pilbara region of Western Australia, worth approximately $150 million,... 

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