Media Room

Piedmont set to raise A$21m

Lithium developer Piedmont Lithium will raise A$21-million through a share placement to complete a definitive feasibility study and continue the development of its namesake project, in North Carolina.

The ASX-listed company on Wednesday announced that it would place 145-million shares at a price of 14.5c each, to institutional investors.

Alcoa’s workers accept offer, ‘exhausted’ from 18-month dispute

An 18-month labour dispute at an aluminum smelter in Quebec controlled by Alcoa Corporation ended after workers accepted a deal, defying the recommendation of their union’s leadership. On Tuesday, about 80% of workers at the Becancour plant voted to ratify the offer after a meeting of the United Steelworkers in Trois-Rivieres, Quebec, the union said.

B2Gold brings Calibre Mining on board at its Nicaragua gold mines

Gold miner B2Gold Corporation will sell its Nicaraguan assets to Calibre Mining Corporation in exchange for a holding in Calibre.

Calibre will acquire B2Gold’s producing El Limon and La Libertad gold mines, the Pavon gold project and additional mineral concessions held by B2Gold in Nicaragua, for $100-million in cash, common shares and a convertible debenture.