Finance & business

Quantum Cobalt Corp. finalises procurement of Nipissing Lorrain Cobalt Project, near Cobalt, Ontario.

K+S Aktiengesellschaft, Kassel, is to terminate potash production at the Sigmundshall site by the end of 2018.

Zenyatta Ventures Ltd. appoints Brett A. Richards as Director and Chairman.

Diamond producer De Beers Group has put its Voorspoed mine in South Africa up for sale.

Santacruz Silver Mining Ltd appoints Carlos Alberto Silva as COO of the company.

South32 authorises the commencement of development activity at the Klipspruit Life Extension project.

The Chamber of Mines of South Africa finalises a three-year wage settlement with the National Union of Mineworkers on behalf of a number of major coal producers.

Kingston Resources Ltd appoints geologist Mike Woodbury as Exploration Manager of Misima Gold project, Papua New Guinea.

Sibanye-Stillwater enters a deal with DRDGOLD Ltd, in which Sibanye-Stillwater will exchange selected surface gold resources for a 38% stake in DRDGOLD.

Prize Mining Corp. enters into an agreement which dictates that it will acquire a 100% interest in the Manto Negro Copper project in Mexico.

Altus Strategies executes a definitive binding arrangement agreement with Legend Gold Corp.

Samco Gold Ltd receives approval from all of the required shareholders and regulatory bodies to close the sale of the El Dorado Monserrat project in Argentina.

Aurelia Metals enters binding agreement with New Gold to acquire Peak Mines for AUS$58 million.

Potash Ridge Corp. signs a Letter of Intent (LOI) with Canada Coal Inc. to enable the potential purchase, joint venture or otherwise complete transaction for the assets of Valleyfield Fertilizer Corp.

P. Kelly Tompkins, Executive Vice President & Chief Operating Officer of Cleveland-Cliffs, intends to retire from the company as of the end of the year.