Finance & business

Sierra Metals’ Board of Directors has approved investment in the construction of a magnetite processing plant at the company’s Bolivar Mine in Mexico.

The Barrick Gold operated Kibali mine in the Democratic Republic of Congo produced 191 612 oz of gold in 1Q21, keeping it on plan and on track to achieve its full year target.

SRK Consulting has announced that Tim McGurk has taken over as group CEO, following the company’s global executive meeting in mid-April.

Anglo American plc has published its production report for the first quarter ended 31 March 2021.

Alamos Gold’s Netherlands subsidiaries are set to file an investment treaty claim against the Republic of Turkey with respect to their Turkish gold mining project.

Pensana Plc has announced the company has adopted a business plan to seek to establish, subject to funding, a world-class, independent and sustainable supply chain of the rare earth metals vital for electric vehicle, wind turbine and other strategic industries.

The new strategic partnership agreement with BIA practically adds more than 1000 employees to GHH’s sales and service resources.

Equinox Gold Corp. has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc.

Chifeng Jilong Gold Mining has provided notice to Resolute Mining that it has terminated the sale agreement for the Bibiani Gold Mine.

The directors of Thor Mining Plc have announced the appointment of Nicole Galloway Warland, previously Exploration Manager, to the Board position of Managing Director with immediate effect.

Trilogy Metals Inc. has announced that the Alaska Industrial Development and Export Authority has approved the proposed plan and budget for the 2021 summer field season activities for the Ambler Access Project.

PJSC MMC Norilsk Nickel and Johnson Matthey have signed the terms of a deal on long-term supplies of critical metals for the Johnson Matthey plant under construction in Finland.

PAO Buryatzoloto (93%-owned by Nord Gold plc), has announced that it has signed an agreement with Chesio Ltd to sell the mature underground Zun-Holba gold mine in Russia.

Bunting has recently installed two magnetic disc separators to separate individual minerals in a coltan plant at a Nigerian mineral processor.

Orocobre and Galaxy have agreed merger of equals with the aim of establishing a new force in the global lithium sector.