Delays hit Gemfields ruby plant in Mozambique
Gemfields (LSE: GEM; JSE: GML) said on Friday that the commissioning of a second processing plant at its Montepuez ruby mine in Mozambique has been postponed to September due to…
Articles by Cecilia Jamasmie
Lundin targets top-10 copper miner status
Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top 10 copper producers. The Vancouver-based miner aims to reach annual…
Teck lands permit to extend copper mine life in BC
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has secured an environmental assessment certificate to extend the life of its Highland Valley Copper (HVC) mine in British Columbia, keeping Canada’s largest…
Ecuador reopens mining registry after seven-year freeze
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal mining—a long-standing issue across the…
Sea floor developer TMC lands $85M from Korea Zinc
Canada’s The Metals Company (Nasdaq: TMC) said on Monday that South Korean refiner Korea Zinc will invest $85.2 million (C$116 million) in the company, a major boost for its plans…
MinRes, Ganfeng pump cash into lithium JV
Australia’s Mineral Resources (ASX: MIN) is expected to inject A$150 million (US$98 million) into its troubled Mount Marion lithium operation as it battles a prolonged slump the battery metal’s prices….
Dundee Precious Metals to buy Adriatic in $1.25B deal
Canada’s Dundee Precious Metals (TSX: DPM) is acquiring UK-based Adriatic Metals (LSE: ADT1) in a cash-and-stock deal worth $1.25 billion (C$1.7 billion), marking the latest in a wave of foreign…
Talga clears final hurdle for Swedish graphite mine
Talga Group (ASX: TLG) has cleared the final regulatory hurdle to develop its Nunasvaara South graphite mine in northern Sweden, after the country’s government dismissed all outstanding appeals against the…
Cyclic to open $25M rare earths plant in Canada
Cyclic Materials, a Canadian startup backed by Amazon and Microsoft, is investing $25 million (C$34.2 million) to build a rare-earths recycling plant and research centre in Kingston, Ont., adding to…
Aussie Resolution enters US critical minerals race
Australia’s Resolution Minerals (ASX: RML) is entering the critical minerals market in the United States with the acquisition of the Horse Heaven antimony-gold-tungsten project in central Idaho. While Resolution is…
Hochschild shares plunge on Brazil mine shutdown
Shares in Hochschild Mining (LSE: HOC) fell by more than a fifth on Tuesday, their steepest drop since November 2021, after it announced a six-week halt of processing operations at…
Resigning Rio CEO asserts company unity
Rio Tinto’s (NYSE, LSE, ASX: RIO) departing CEO Jakob Stausholm says he hasn’t fallen out with chairman Dominic Barton despite Reuters citing unnamed company officials to the contrary. Management and board…