South32 hasn’t found buyer for Eagle Downs coal project
South32 (LSE: S32; ASX: S32; JSE: S32) is still looking to sell its 50% interest in the Eagle Downs metallurgical coal project in Queensland, Australia, where development was put on…
Articles by Cecilia Jamasmie
Codelco begins resuming work at halted projects after deaths
Chile state-owned copper miner Codelco has begun to gradually restart two of its ongoing growth projects, which were halted last week following the death of two workers this month at different…
Chile rejects second Anglo American project in two months
Anglo American (LSE: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company’s US$40-million operational continuity project for its El Soldado copper…
Pensana starts building UK’s first rare earths refinery
Rare earths junior Pensana (LSE: PRE) has broken ground at its Saltend rare earth processing hub in northern England, set to be the country’s first major facility of its kind…
De Beers hikes 2022 guidance, citing ‘robust’ US demand
The miner expects to produce 32m-34m carats, from 30m-33m carats thanks to what it calls “robust demand” from US customers.
Golden Arrow walks away from Argentina silver-gold project
Golden Arrow Resources (TSX-V: GRG) has terminated its option to acquire a 75% stake in the Libanesa silver-gold project in Argentina’s Santa Cruz province. The company said it would focus instead…
Kenorland Minerals options Alaska copper project to Antofagasta
Junior Kenorland Minerals (TSXV: KLD) has inked an earn-in agreement with Antofagasta (LSE: ANTO) that gives the Chilean miner an option to acquire a 70% interest in the Tanacross copper-gold…
Drought, operational issues bring down Antofagasta guidance
Chilean miner Antofagasta (LSE: ANTO) has lowered its full-year output target to 640,000-660,000 tonnes, after production was hindered from water shortages and a leak in an underground pipeline that transports concentrate…
Gemfields on alert as insurgent attacks creep closer to Mozambique ruby mine
Africa-focused Gemfields (LSE: GEM; JSE: GML) warned on Wednesday that insurgents attacks are edging closer to its ruby mine in Mozambique’s northern Cabo Delgado province but said operations had not been…
Barrick, Pakistan set funding structure for Reko Diq copper-gold project
Barrick Gold (TSX: ABX; NYSE: GOLD) and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the US$7 billion Reko Diq copper-gold deposit. The agreement in…
BHP to speed up US$5.7B Jansen potash mine
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is seeking to accelerate construction at its US$5.7-billion Jansen potash project in Saskatchewan as high gas prices and sanctions on key exporters continue…
Barrick close to final deal with Pakistan on US$7B copper project
Barrick Gold (TSX: ABX; NYSE: GOLD) said on Monday it’s close to a final framework agreement with the Pakistan government to develop the giant Reko Diq copper-gold deposit, close to the…