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Canada backs Zijin Continental Gold acquisition
Canadian miner Continental Gold said on Thursday the country’s government had approved its C$1.4 billion ($1bn) takeover by Zijin Mining, China’s No.1 gold producer. The deal, first announced in December, has also received all three of the required regulatory...
Malaysia approves 3-year licence for Lynas’ rare earths
Lynas said on Thursday Malaysia has approved a new three-year licence that allows the Australian miner to operate the only major rare earths processing plant outside of China. The licence will allow it to continue processing rare earths at its $800 million plant in...
Rio Tinto zeroes in on Minu copper plans
Rio Tinto plans to reach first production at the Winu copper-gold project in Western Australia in 2023, and is progressing discussions with the Traditional Owners to achieve this. The company continues drilling and geophysical testing on site, on top of nearly 140...
Rio Tinto in the hunt for Nicaraguan metals
Rio Tinto has inked an agreement with Calibre Mining for the Borosi gold-silver-copper projects in northeast Nicaragua. The Borosi concessions include the mothballed La Luz-Siuna mine, the Santa Maria gold-silver project and the primavera gold-copper porphyry project....