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Tanzania Expects Resolution of Acacia “Very Soon”

Discussions between Canadian mining company Barrick Gold and the government of Tanzania are centered around an implementation strategy for a framework agreement which was struck between the parties in October 2017, Hassan Abbas, afeatured

Zijins Bid for Nevsun Unlikely to Face Hurdles at Local Level

Zijin’s C$6.00 per share all-cash bid for Canadian mining company Nevsun is not expected to face any opposition from the Serbian or Eritrean governments, local sources told CTFN.featured

Nevsun in Advanced Stage Discussions with Alternative Bidders

Vancouver-based copper and zinc producer Nevsun Resources is in a “very advanced stage of discussions” with parties interested in acquiring a stake or the whole of the companyfeatured

Sibanyes South African Shareholders Still Skeptical of Stillwater Deal

Sibanye Gold’s shareholder vote on its acquisition of US platinum and palladium producer Stillwater is scheduled for April 25. However, local shareholders are still questioning the meritsfeatured

Stillwater Mining/Sibanye Review Extended by CFIUS

With additional reporting by Diane Alter and Valeria Camerino – The review of the proposed acquisition of Stillwater Mining, the US’s only producer of platinum and palladium,featured

Sibanye Shareholders Hold Mixed Views of Stillwater Deal

Sibanye Gold’s increased equity portion might not be enough to convince shareholders to vote in favor of its takeover of US-based platinum and palladium producer Stillwater, a Southfeatured

Sibanye Gold Expected to Make Concessions for Stillwater Deal

Sibanye Gold is trying to ease pressure from shareholders by increasing the equity portion of its offer for U.S. platinum group metals and palladium producer Stillwater, but the dealfeatured

Shareholder Concerns Voiced in Stillwater/Sibanye Deal

Some of Sibanye Gold’s minority shareholders have raised concerns over the company’s ongoing acquisition of U.S. platinum group metals and palladium producer Stillwater, South African sources told CTFN.featured

Samarco Heads Toward Bankruptcy

Chances that Samarco, the 50:50 joint venture between Brazilian mining company Vale and Australian peer BHP Billiton, could file for bankruptcy are getting higher amid dimming hopes that the company will resume full operations in the short term, sources told CTFN. “” it’s very unlikely that it will resume its activities in Mariana, Minas Gerais. … Read Morefeatured

Samarco Litigation Process Expected to Drag

Updated at 1:00pm EST – The dam burst involving Samarco, the Brazilian joint venture between mining giants BHP Billiton and Vale, is having devastating consequences for the parties, sources close to the situation told CTFN. Samarco owns a huge iron ore reserve known as Mina Germano, near the city of Mariana in Brazil’s Minas Gerais … Read Morefeatured

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