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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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%.

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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