Heather is an experienced freelance writer and has been frequently published, both in print and in online media. After years of working as a professional in various industries, including finance and sales and marketing, she decided to document her lessons and observations, and now writes freelance full time, covering mining and resources, real estate and banking and mortgages. Heather has a degree in English literature from Bishop’s University and a Professional Writing Certificate from Centennial College. Heather is also a member of the Canadian Association of Journalists.
Lundin Mining Corporation (TSX:LUN, OMX:LUMI) announced their first quarter results and highlights, including the closure of the of the acquisition of the Kokkola cobalt refinery.
Bloomberg reported that cobalt producers are urging the DRC government to lift a ban on cobalt exports. According the cobalt producers, there is not the proper infrastructure in place, including electricity to support this initiative
Bloomberg reported that Eurasian Natural Resources Corp’s Machkevich may be interested in joining forces with two other shareholders and the Kazakh government to make a bid for the company.
Reuters reported that an anti-corruption campaign is accusing tax authorities in the DRC of failing to account for $88 million in taxes from the mining sector.
OM Group (NYSE:OMG) announced that they have divested their cobalt business to a joint venture between Freeport-McMoRan Copper & Gold Inc., Lundin Mining Corporation and La Generale des Carrieres et des Mines (Gecamines) for $325 million.