Sandstorm Gold buys two royalty firms for US$1.1B
Canada’s Sandstorm Gold (TSX: SAND; NYSE: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total…
Articles by Cecilia Jamasmie
Antofagasta opens remote operations centre at Centinela mine
Chilean miner Antofagasta (LSE: ANTO) has opened a $66-million integrated remote operations centre (IROC) for its Centinela copper mine in the country’s north. The centre is expected to improve safety,…
Eldorado Gold to resume Skouries construction in H2
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues…
Glencore hails trading unit outlook, cuts copper guidance
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia’s invasion of Ukraine continues to drive up…
Petra Diamonds mulls sale of loss-making Koffiefontein mine
South Africa’s Petra Diamonds (LSE: PDL) is exploring options to offload its loss-making Koffiefontein diamond mine in the home country, which is scheduled to reach the end of its life…
Apple, Tesla, Intel could be using conflict minerals due to faulty scheme
Several of the world’s largest companies including Apple, Tesla and Intel may be using conflict minerals from the Democratic Republic of Congo (DRC) in their products as they rely on…
Teck strikes deal to earn into Chile copper project
Australia’s Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, to develop the Loreto copper…
Rosatom, Nornickel to develop lithium project in Russia
Russia’s state-owned nuclear power supplier Rosatom and Nornickel, the world’s largest producer of refined nickel, are fine-tuning details of a plan to develop a lithium deposit in the country’s northwest,…
Kinross sells Chirano gold mine in Ghana to Asante in $225M deal
Kinross Gold (TSX: K; NYSE: KGC) is selling its 90% interest in the Chirano mine in Ghana to fellow Canadian Asante Gold (CSE: ASE) in a cash and shares deal…
Chile constitution drafters reject mining-adverse proposal
Chile’s constitutional assembly has rejected a proposal from the environmental committee seeking to tighten up rules related to the protection of the country’s natural resources, which would have hit the…
Codelco to create mining carbon footprint calculator
Chile’s Codelco, the world’s largest copper producer, is developing a free-to-use platform for suppliers to calculate their greenhouse gas emissions (GHG), a service the company said is not currently available in…
Mexico passes mining reform nationalizing lithium
Mexico has officially nationalized its lithium industry after the Senate approved by 87 votes in favour, 20 against and 16 abstentions the mining reform proposed by President Andrés Manuel López…