Bluestone stock soars on open-pit OK for Guatemalan gold
Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling it.
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Glencore shareholder Bluebell opposes ‘value destructive’ Teck deal
Mining News Pro - Activist investor Bluebell Capital Partners has told Glencore’s board it opposes a $22.5 billion all-share takeover bid for Teck Resources Ltd, considering the transaction a “value destructive” deal.
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Activist investor Bluebell adds pressure on Glencore to fix coal unit
Mining News Pro - Activist investor Bluebell Capital Partners has again asked Glencore Plc to overhaul its climate policy, while seeking support from other shareholders to push for reform at the commodities giant.
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Mick Davis’ Vision Blue joins backers for Cornish Metals tin mine
Mining News Pro - Cornish Metals is getting closer to reopening the South Crofty tin-copper mine in Cornwall, southwest England, as a group of investors, including mining veteran Mick Davis, are injecting £40.5 million ($53.1m) into the company.
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Activist investor Bluebell presses Glencore to spin off coal assets
Mining News Pro - Activist investor Bluebell Capital Partners is pressing Glencore (LON: GLEN) to spin off its thermal coal business to move from being a “disliked stock” to a top pick for investors supporting support sustainability and environmental stewardship.
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Activist Bluebell asks Glencore to separate its coal business
Mining News Pro - Activist hedge fund Bluebell Capital Partners has asked Glencore Plc to separate its thermal coal business because it has become a barrier to investment.
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Visit: 585
Gates-backed firm joins Bluejay on battery metals quest
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has partnered with Britain’s Bluejay Mining (LON: JAY) to explore for critical materials used in electric vehicles (EVs) in Greenland.
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Gates and Bezos-backed firm signs up for Bluejay project
Mining News Pro - Triple-listed explorer Bluejay on Monday announced that it had inked a joint venture agreement with fellow explorer KoBold Metals over the Disko-Nuussuaq nickel/copper/cobalt/platinum project, in Greenland, sending its stock flying 26% in London.
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Petra sells 39.34 ct blue diamond for $40.1m
Mining News Pro - The 39.34 ct exceptional Type IIb blue diamond which Petra Diamonds recovered at its Cullinan mine on April 1, has been sold to a partnership between diamond miners De Beers and Diacore for more than $40.1-million.
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Visit: 359
Petra fetches over $40m for 39-carat blue diamond
Mining News Pro - South Africa’s Petra Diamonds (LON:PDL) has fetched $40.2 million for a 39.34-carat blue diamond it recovered at its iconic Cullinan mine in April, the company’s highest price ever for a single stone.
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Westgold restarts Bluebird following labour concerns
Mining News Pro - Westgold Resources has resumed operations at the Bluebird underground gold mine in Western Australia after works were suspended following COVID-19 labour issues earlier in the year.
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Visit: 540
Calidus begins searching for growth at Blue Spec
Mining News Pro - Calidus Resources has begun a definitive feasibility study at its Blue Spec gold deposit in Western Australia to increase overall production at the Warrawoona project to 139,000 ounces per year.
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BP plans UK`s largest blue hydrogen production facility
Mining News Pro - Oil and gas major BP said on Thursday it was developing plans for the UK`s largest blue hydrogen production facility, expanding its investments in carbon reduction technologies to tackle global warming.
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Mick Davis’ battery metals firm Vison Blue raises $60m
Mining News Pro - Former Xstrata boss Mick Davis’ newly founded battery metals investment firm Vision Blue Resources (VBR) has raised $60 million and invested almost half of it in Canada’s NextSource Materials (TSX:NEXT), which is building a graphite mine in Madagascar.
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Visit: 802
Bluejay Mining reshuffles board
Mining News Pro - Explorer and developer Bluejay Mining is reshuffling its board as it progresses to the next stage of development of its projects, particularly the Dundas ilmenite asset in Greenland.
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BlueRock recovers 12.6 ct diamond from Kareevlei
Mining News Pro - BlueRock Diamonds has recovered a 12.6 ct diamond from its Kareevlei diamond mine in the Kimberley region of South Africa.
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Visit: 676
Rio Tinto, Bluejay to jointly explore for nickel in Finland
Mining News Pro - Explorer and developer Bluejay Mining inked on Tuesday a joint venture and earn-in agreement with Rio Tinto to advance the Enonkoski nickel project in Finland.
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Visit: 650
Stanmore Coal, Blue Energy to capture fugitive coal mine gas
Mining News Pro - Stanmore Coal has reached an agreement with Blue Energy to capture, process and market mine gas from its proposed Isaac Plains underground coal mine in the northern Bowen Basin.
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Petra to hold special tender to sell five blue diamonds
Mining News Pro - Petra Diamonds has launched a special tender process for its Letlapa Tala Collection, which comprises five blue diamonds of significant colour, clarity, size and heritage.
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Visit: 630
BlueRock sells 2 900 ct diamond parcel
Mining News Pro - BlueRock Diamonds has sold 2 900 ct of diamonds recovered from its Kareevlei mine, in the Kimberley region of South Africa, at an average price of $300/ct for an aggregate consideration of $870 165.
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Visit: 588
Petra finds five blue diamonds but no clear path to recovery
Mining News Pro - South Africa’s Petra Diamonds (LON:PDL), which put itself up for sale in June, announced on Wednesday it had found five high-quality blue diamonds, but toned down the news by saying the discovery won’t help turn around its fortunes.
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BlueRock recovers another high-value diamond at Kareevlei
Mining News Pro - BlueRock Diamonds has recovered a 9.7 ct diamond with an initial independent valuation estimate of $75 000.
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Visit: 746
BlueRock sells 3 805 ct of diamonds
Mining News Pro - Diamond miner BlueRock Diamonds has sold 3 805 ct of diamonds at an average price of $330/ct for an aggregate consideration of $1.2-million.
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Cobalt Blue improves Broken Hill economics
Mining News Pro - Strategic metals developer Cobalt Blue has reported a near A$70-million capital cost savings for its Broken Hill cobalt project, in South Australia, while the production target for the project has been increased by some 67%.
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Visit: 880
BlueRock Diamonds focuses on cost-cutting
Mining News Pro - UK-based BlueRock Diamonds has restarted operations at its South Africa mine, but is making operational changes to keep production costs low amid COVID-19-related economic uncertainty.
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Visit: 622