Mining

Glencore has confirmed that the Democratic Republic of Congo’s state-owned mining company has begun legal proceedings to dissolve one of its subsidiaries because of a capital shortfall. In a company statement, the Anglo-Swiss commodities giant said it has ‘several options’ to address this shortfall at Kamoto...

Japanese investment giant SoftBank has announced its entry into the global lithium market with the acquisition of a 9.9% stake in emerging Canadian miner Nemaska Lithium. The definitive agreement between Softbank and Nemaska will see the former invest C$99 million into the latter, supporting the development...

Golden Arrow Resources (TSX-V:GRG) has announced it has commenced the first diamond drill programme at its Antofalla silver-gold-base metal project in Catamarca Province, Argentina. The programme will include up to 3,000 metres of drilling on multiple targets that were delineated in the 2017 surface exploration and...

West Africa-focused Hummingbird Resources (AIM:HUM) has announced a ramp up in gold production from its flagship Yanfolila mine in Mali. The high grade asset began producing gold in December 2017, with the performance of the plant steadily improving month by month. The plant operated at an average...