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Appian puts up C$100m for Canada zinc project JV

London-based private equity group Appian Natural Resources has committed to invest C$100-million to acquire a 60% interest in the Pine Point zinc project, in the Northwest Territories, TSX-V-listed Osisko Metals announced on Wednesday. The parties will form a joint...

MinRes increases lithium footprint

Mineral Resources (MinRes) has entered into binding agreements for the restructuring of the MARBL joint venture and the investment of lithium conversion assets in China with Albemarle Corporation. Under the agreement, MinRes will own 50 per cent of the Wodgina lithium...

Eskom quietly deepens power cuts to unprecedented level

South Africa’s struggling State-owned utility Eskom Holdings appears to have reached an unprecedented level of power cuts, indicated late Tuesday by the company spokesman. The company cut 7 045 MW from the grid, a practice locally referred to as loadshedding, in order...