Anglo American adds Serpentina premium iron ore resource at Minas-Rio
2025-03-29
Under the transaction’s terms, Vale is transferring Serpentina and will pay US$157.5 million in cash (subject to completion and commodity price related adjustments to acquire a 15% shareholding in the enlarged Minas-Rio. Vale also has an option to acquire an additional 15% shareholding in the enlarged Minas-Rio for cash if and when certain events relating to a future expansion of Minas-Rio occur, with value to be determined at the time of option exercise.
American Pacific secures 100% interest in Palmer VMS Project
2025-03-20
American Pacific Mining Corp. has closed its transaction with Dowa Metals & Mining Alaska Ltd. to acquire Dowa’s interest in Constantine Mining LLC, the holder of the Palmer VMS Project.
Akobo Minerals and Ethiopian Government inaugurate the Segele Mine
2025-03-12
Akobo Minerals AB, a Scandinavian-based Ethiopian gold exploration and mining company, in collaboration with the Ethiopian government, has announced the official inauguration of the Segele mine by His Excellency Prime Minister Abiy Ahmed.
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
2025-03-06
London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and demand it said were temporary.
Chile’s Enami eyes lithium license in boost to partner search
2025-02-28
Chilean authorities are expected to grant Enami a lithium operating license by year-end, paving the way for the state company to secure partners to develop the project.
Lure of Anglo’s copper mines could test BHP’s spending resolve
2025-02-22
BHP (ASX: BHP) the world’s biggest miner, would need to offer a minimum 40% premium over Anglo American’s (LON: AAL) share price to make a renewed takeover bid now the rival’s value has been boosted by asset sales, two sources close to the matter told Reuters.
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