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By

Esmarie Iannucci

Global Mining News in real time

Esmarie Iannucci

Esmarie Iannucci is Creamer Media Senior Deputy Editor: Australasia for Mining Weekly.

Email: newsdesk@engineeringnews.co.za

Received BTech degree in Journalism from the Tshwane University of Technology

Falcon to take flight by Christmas - Dorsch

14th October 2021 ASX-listed Chalice Mining on Thursday said that the demerger of its gold assets would take place before the end of the year. The company in July flagged the demerger of its Australian gold assets into a stand-alone, listed Australian gold-focused exploration company, following a strategic review... →

Kingwest raises exploration funding

14th October 2021 ASX-listed Kingwest Resources will raise A$4-million in a share placement to fund exploration work in Western Australia. The company will place some 33.33-million shares, at a price of 12c each to professional and sophisticated investors. →

Lotus buys another uranium project in Malawi

14th October 2021 Uranium developer Lotus Resources has acquired the Livingstonia uranium project, in Malawi, for $25 000. The project, which is located some 90km south-east of Lotus’ Kayelekera uranium project, hosts an historical inferred mineral resource of some 8.3-million tonnes, grading 325 parts per... →

Infinity reports scoping study for San Jose

14th October 2021 A scoping study into a fully integrated underground mining and downstream lithium hydroxide conversion plant at the San Jose project, in Spain, has highlighted positive economics. ASX-listed Infinity Lithium on Thursday reported that the scoping study estimated that the project would require a... →

Kingsgate sells Nueva Esperanza to TDG

14th October 2021 ASX-listed Kingsgate Consolidated has struck a deal with TSX-listed TDG Gold Corporation to divest of its Nueva Esperanza project, in Chile. The definitive agreement followed the signing of a letter of intent in June this year. →

Sandfire finds buyer for Adriatic shares

14th October 2021 Copper miner Sandfire Resources has sold its interest in fellow-listed Adriatic Metals for A$97-million. The company earlier this week flagged that it would divest of its 34.6-million CHESS depositary interests (CDIs) in Adriatic, which represents a 16% interest in that company, for a price of... →

Rio tests biomass technology to lower emissions

14th October 2021 Mining major Rio Tinto is pilot testing a new technology to deliver low-carbon steel, using sustainable biomass in place of coking coal in the steelmaking process, in a potentially cost-effective option to cut industry carbon emissions. Over the past decade, the miner has developed a... →

BHP looks at renewables for Olympic Dam

14th October 2021 Diversified miner BHP has flagged potential renewable solutions for its Olympic Dam operation, in South Australia, in the hopes of reducing its emission position to zero for 50% of its electricity consumption by 2025, based on current forecast demand. BHP on Thursday said that it expected to... →

South32 spends big on Chile copper mine

14th October 2021 Diversified miner South32 on Thursday announced that it would spend $1.55-billion to acquire a 45% interest in the Sierra Gorda copper mine in Chile. The company has entered into two binding conditional agreements with Sumitomo Metal Mining and Sumitomo Corporation for the acquisition of a 45%... →

Gascoyne rejects Westgold bid, unveils new business plan

13th October 2021 Takeover target Gascoyne Resources has urged shareholders to reject a takeover offer from fellow listed Westgold Resources, instead unveiling a business plant that would cut capital spend. Westgold was offering one of its own shares for every four Gascoyne shares held, representing a premium of... →

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