BHP opens Australia’s first nickel sulphate plant
BHP (NYSE: BHP; LSE: BHP; LSE: BHP) announced that it has produced the first nickel sulphate crystals from its plant in Kwinana, outside Perth in Australia, part of the miner’s…
Articles by Cecilia Jamasmie
Endeavour Mining outlines ambitious five-year exploration plan
Endeavour Mining (TSX: EDV; LSE: EDV), West Africa’s top gold producer, has unveiled an ambitious five-year plan to add between 15 and 20 million indicated ounces of gold through exploration over the next five years. The company, which began trading in London in June,…
Albemarle to buy Chinese lithium firm for US$200 million
Albemarle (NYSE: ALB), the world’s top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans to boost lithium conversion capacity. …
Rio Tinto disputes report saying mismanagement caused Oyu Tolgoi’s woes
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is challenging the findings of an independent review into US$1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project’s…
McEwen Copper provides update on Los Azules in Argentina
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX) is advancing work on the Los Azules project in Argentina’s San Juan province, having closed the first…
Anglo Asian Mining grows copper footprint in Azerbaijan
Anglo Asian Mining (LSE: AAZ), Azerbaijan’s leading gold mining company, has been awarded three new copper concessions in the country, which the company thinks could turn it into a mid-tier copper-gold producer. The miner said it is evaluating how…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Peru minister says US$1.4B Tia Maria mine a “no go”
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay…
Appian Capital in talks to sell Atlantic Nickel for $1B, Brazilian daily newspaper reports
London-based private equity fund Appian Capital is said to be in advanced negotiations to sell its Atlantic Nickel unit in Brazil for around US$1 billion, with Canada’s Teck Resources (TSX:…
Peru road blockades forces MMG to halt Las Bambas copper mine
Chinese miner MMG once again will have to halt operations at its Las Bambas copper mine in Peru, one of the country’s largest, as community protests in the nearby province…
Glencore mulls offers for CSA copper mine in Australia
Glencore‘s (LSE: GLEN) long-running campaign to sell its CSA copper mine in Australia’s New South Wales state seems to be finally coming to an end as the miner confirmed today…
Mick Davis walks away from Guinea vehicle he founded
Mining veteran Mick Davis has cut ties with Niron Metals, an investment vehicle he co-founded in 2019 to develop Guinea’s Zogota iron ore deposit, previously owned by BSG Resources (BSGR). The former Xstrata boss, who was chair of…