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FLSmidth in talks to buy Thyssenkrupp's mining unit

By: Reuters     15th January 2021 FLSmidth is in negotiations with German engineering group Thyssenkrupp to acquire its mining business, the Danish mining equipment maker said on Friday. The negotiations are at a non-binding stage, FLSmidth said, and there can be no assurance as to their result. 

Law firm says ESG most prominent risk beyond pandemic resilience

By: Marleny Arnoldi     15th January 2021 International law firm White & Case says 45% of decisionmakers believe environmental, social and governance (ESG) issues will be the biggest risk to the mining and metals sector this year. The firm reports in its 'Mining and Metals 2021' survey that the global mining and metals sector is facing... 

Atalaya achieves new production record

By: Simone Liedtke     14th January 2021 Dual-listed Atalaya Mining has achieved a new production record of 55 890 t of copper in 2020, with the year’s guidance met, notwithstanding the operating challenges and mandatory stopping in April as a result of Covid-19 restrictions. Copper production in the fourth quarter exceeded the guidance... 

Jubilee reports record earnings of £28m

By: Marleny Arnoldi     14th January 2021 Aim- and AltX-listed Jubilee Metals’ operational earnings for the second half of last year increased by a record 123% to £28.4-million, compared with the first half of the year. In rand terms, it was a 126% increase to R603-million between the two six-month periods.  

First Cobalt inks cobalt hydroxide feed arrangements for refinery 

By: Donna Slater     12th January 2021 TSX-listed cobalt refiner and miner First Cobalt has entered into long-term cobalt hydroxide feed arrangements with diversified miner Glencore and IXM SA − a fully owned subsidiary of China Molybdenum Company (CMOC) − to provide 4 500 t/y of contained cobalt to the First Cobalt Refinery from... 

Trump moves to loosen mining regulations, approve projects as he exits

By: Reuters     8th January 2021 Outgoing US President Donald Trump's administration is moving to loosen mining regulations and green light new mineral projects before leaving office this month, with successor Joe Biden unable to reverse some of the changes. Administration officials tell Reuters they plan to publish a raft of... 

Glencore in final-stage talks over Mopani stake sale to Zambia 

By: Reuters     8th January 2021 Glencore said on Friday it was in final-stage negotiations over a potential sale of its majority stake in Mopani Copper Mines to Zambia's mining investment arm ZCCM-IH. Zambian state radio ZNBC earlier reported the government had concluded talks with Glencore, citing President Edgar Lungu. 

Zimbabwe’s Kuvimba seeks $1bn for 2021 acquisitions, capex 

By: Bloomberg     7th January 2021 A mining company majority owned by the Zimbabwe government and whose profits will partly be used to compensate former white commercial farmers for land confiscated two decades ago intends to raise $1-billion for acquisitions and capital expenditure. Kuvimba Mining House, in which the government... 

Taseko’s Florence aquifer protection permit not to be appealed

By: Donna Slater     6th January 2021 TSX-, NYSE- and LSE-listed Taseko Mines reports that the Florence town council, in Arizona, in the US, has decided it will not appeal the aquifer protection permit for the company's Florence copper mine which was recently granted by the Arizona Department of Environmental Quality. Taseko... 

GoldHaven appoints new adviser to board

By: Donna Slater     6th January 2021 Canadian junior exploration company GoldHaven Resources, which is active in the Maricunga gold belt of northern Chile, has appointed Jack Pritting to the company’s advisory board for its Chilean operations. GoldHaven CEO Daniel Schieber says Pritting’s experience is “invaluable” to GoldHaven,... 

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