AngloGold closer to production in Nevada with Corvus takeover
South Africa’s AngloGold Ashanti (NYSE: AU; JSE: ANG) expects to start producing gold in Nevada, U.S., by 2025 at the latest, as the company officially took over Canada’s Corvus Gold…
Articles by Cecilia Jamasmie
First Quantum agrees to pay US$375M a year in royalties to Panama
First Quantum Minerals (TSX: FM) has reached a deal with Panama’s government to increase royalty payments at the giant Cobre Panama copper mine, the company’s flagship operation. The Canadian miner’s…
Sibanye-Stillwater faces strike at S. African gold mines
South Africa’s long-divided mining unions have scored a win since forging a united front against the industry’s largest employer as the country’s labour arbitration body has cleared them to strike following…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…
EV industry moving in right direction to close gap with internal combustion engines – report
Although there is still a way to go for electric vehicles to close the performance, safety, and cost gap with internal combustion engines, a recent report by IDTechEx says some…
UPDATE: Iamgold in search of new CEO as Stothart leaves
Iamgold (TSX: IMG; NYSE: IAG) is looking for a new chief executive officer as its current leader Gordon Stothart has stepped down and resigned from the board with immediate effect. The Toronto-based…
Rio Tinto to transport iron ore in Pilbara via battery-electric trains
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is buying four battery-electric trains from U.S.-based Wabtec (NYSE: WAB) for use at its Pilbara iron ore mines in Western Australia, as part…
Ivanhoe Mines to produce 340,000 tonnes of copper at DRC mine in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said on January 10 that it expects to produce between 290,000 to 340,000 tonnes of copper in concentrate in 2022 at its Kamoa-Kakula copper…
Peru sees 60% increase in mining tax revenues
Peru’s Ministry of Energy and Mines said regional and local governments saw a 60% increase in mining tax revenues in 2021.
Corvus agrees to $370M takeover by AngloGold Ashanti
Corvus Gold (TSX: KOR; NASDAQ: KOR) said the majority of its shareholders voted in favour of AngloGold Ashanti (NYSE: AU) taking control of the company in a deal valued at…
Negotiations over Cobre Panama mine contract near end
Panama’s government said on January 5 that negotiations with the local unit of First Quantum (TSX: FM), aimed at obtaining more in royalty payments from the Canadian miner and improve…
Newcrest moves to boost stake in Havieron gold-copper project
Australia’s largest gold producer, Newcrest Mining (ASX: NCM), is moving to increase its stake in the Havieron gold-copper project that it is developing with Greatland Gold (AIM:GGP) in the Paterson…