First Quantum hopes for speedy Cobre Panama contract renewal
First Quantum Minerals (TSX: FM) is hoping a new contract for its flagship copper mine in Panama will be approved soon, after negotiations with the government ended last month, with…
Articles by Cecilia Jamasmie
Glencore earmarks US$1.5B for probes amid record profit
Mining and commodities trader Glencore (LSE: GLEN) will set aside US$1.5 billion to cover a series of probes into bribery and market manipulation, which it expects to resolve before year-end….
Britishvolt secures US$54M from Glencore for UK gigafactory
Electric vehicle (EV) battery start-up Britishvolt, which has the ambitious plan to build a recycling gigafactory in the U.K., has secured a £40 million (US$54 million) cornerstone investment from partner…
Iamgold appoints activist investor’s nominees to board
Iamgold (TSX: IMG; NYSE: IAG) has appointed three independent directors to its board after reaching an agreement with Resource Capital Fund VII, managed by a U.S. investment fund that launched…
High yields of rare earth elements recovered from mine, e-waste
A chemistry lab at Rice University has successfully extracted valuable rare earth elements from waste at yields high enough to resolve issues for manufacturers while boosting their profits. In a…
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed…
Anglo American switches on new met coal mine in Australia
Anglo American (LSE: AAL), which divested its thermal coal mines last year after pressure from investors, has achieved the first longwall shear at its Aquila metallurgical coal mine near Central…
Chaarat Gold’s project in Kyrgyzstan hit by Centerra turmoil
Chaarat Gold (LSE: CGH) announced on Wednesday financing and construction delays at its Tulkubash project in Kyrgyzstan due to increased investor uncertainty in the Central Asian country in the wake…
BC rejects permit for Morrison copper-gold mine, again
The Canadian province of British Columbia has once again denied an environmental permit for the proposed Morrison copper-gold mine on a First Nation’s territory, citing potential risks to water quality…
Centamin takes charge of Sukari underground gold mine
Egypt-focused gold miner Centamin (TSX:CEE; LSE: CEY) is shifting underground operations at its flagship Sukari mine from a contractor to an owner-operated model, effective immediately. The move, taken after an independent…
BHP to cut emissions by 30% with first LNG-powered bulk carrier
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has taken a key step towards its goal of reaching net-zero by 2050 after receiving the first of five LNG-powered carriers to transport…
MMG to halt Las Bambas copper mine by Feb 20 amid fresh blockade
MMG (HKG: 1208) said today that it will have to halt production at its Las Bambas copper mine in Peru by February 20, following a new blockade of the road…