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Barbara Lewis

Barrick set to take full control of Acacia after raising bid

11:04am EDT

TORONTO/LONDON Barrick Gold Corp has struck a deal to buy out its fellow shareholders in Acacia Mining with a higher bid than originally proposed, raising expectations Acacia's long-running tax dispute with the Tanzanian government will finally be resolved.

Rio Tinto under fire as Mongolia presses for mine deal changes

10:16am EDT

ULAANBAATAR/LONDON Mongolia will vote in August to rip up parts of an investment agreement with Rio Tinto for the Oyu Tolgoi copper mine, which may force the miner to make concessions in a project beset by delays and political squabbles.

Acacia seeks stay of international arbitration against Tanzania

Jul 17 2019

LONDON Acacia Mining said on Wednesday it was seeking a stay of international arbitration proceedings against Tanzania, a step that could ease tensions between the two sides locked in a dispute following a $190-billion tax bill.

Britain's Cornish Lithium turns to crowd funding

Jul 12 2019

LONDON Cornish Lithium, a battery minerals firm set up by a former City analyst, on Friday became the first British miner to launch a crowd funding campaign as it seeks play a role in securing strategic mineral supplies.

Britain's Cornish Lithium turns to crowd funding

Jul 12 2019

* Government banking on green economy, including clean vehicles

Mining company Power Resources buys Woodford-backed Metalysis

Jul 05 2019

LONDON Mining company Power Resources Group (PRG) said on Friday it was buying Metalysis, a British high-tech specialist which was backed by asset manager Neil Woodford, out of administration.

U.N. deep sea mining body rejects Greenpeace criticism

Jul 05 2019

LONDON The International Seabed Authority (ISA) has rejected criticism from Greenpeace over its handling of ocean mining, fuelling a spat that threatens to overshadow talks this month by the U.N. body toward rules for deep sea mining.

Rio Tinto's Icelandic aluminum plant attracts Glencore: sources

Jul 04 2019

LONDON At least three companies including Glencore have expressed an interest in buying Rio Tinto's aluminum assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said.

Rio Tinto's Icelandic aluminium plant attracts Glencore, Trimet - sources

Jul 04 2019

LONDON, July 4 At least three companies including Glencore and Trimet Aluminium have expressed an interest in buying Rio Tinto's aluminium assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said.

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