SQM files project to cut water, brine extraction in Chile
Chile’s SQM (NYSE: SQM) has submitted to the country’s environmental evaluation service (SMA) a US$778,000 project to cut its use of freshwater and brine from the Atacama Desert to mitigate…
Articles by Cecilia Jamasmie
Rock Tech, Bilfinger to build Europe’s first lithium refinery
Canada’s Rock Tech Lithium (TSXV: RCK) and Germany’s Bilfinger SE will work together on building Europe’s first lithium converter and refinery, in a push to meet the region’s increasing demand…
Iamgold responds to US firm pushing for board reshuffle
Iamgold (TSX: IMG; NYSE: IAG) is firing back at a U.S. investment fund pushing for a reshuffle of the miner’s board of directors over what it calls “massive value destruction…
Rio Tinto report reveals culture of sexual harassment, bullying and racism
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled the results of an unfavourable external report outlining a culture of “systematic” bullying, sexual harassment and racism at the world’s second largest…
Amplats sells stake in two mines to rival Sibanye-Stillwater
Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival…
Perseus Mining secures key stakes in two African gold assets
Perseus Mining (TSX: PRU; ASX: PRU) has struck a deal to acquire a 15% stake in Canadian junior Orca Gold (TSX: ORG) from Resolute Mining (ASX: RSG), which will give…
Teck Resources’ QB2 to cost up to US$500M more than planned
Shares in Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, tumbled on Friday after it warned that Covid-19-related costs of its massive Quebrada Blanca Phase 2 (QB2) expansion…
De Beers boosts production to meet recovering demand
De Beers, the world’s top diamond producer by value, saw production jump in the last quarter of 2021 by 15% to 7.7 million carats, as it boosted production to meet…
Anglo American ups copper guidance on Quellaveco start
Anglo American (LSE: AAL) says it expects to churn out between 680,000 and 760,000 tonnes of copper in 2022, as its giant Quellaveco mine in Peru is slated to begin…
Fresnillo cuts production targets on Omicron labour shortage
Shares in Fresnillo (LSE: FRES) fell more than 14% after the Mexico-focused miner cut silver production forecast for 2022, saying that labour absences fuelled by the Omicron variant were expected…
Barrick Gold’s mines in Tanzania reach Tier One status
Barrick Gold (TSX: ABX; NYSE: GOLD) says it has succeeded in taking its North Mara and Bulyanhulu gold mines in Tanzania from “moribund” to Tier One assets. Barrick, which took…
Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…