Gates, Bezos-backed KoBold eyes DRC lithium project
KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, says it plans to invest $1 billion in the Democratic Republic of Congo after inking a framework deal…
Articles by Cecilia Jamasmie
Barrick cuts ‘Gold’ from name as metal prices fuel profit
Canada’s gold giant Barrick (TSX: ABX; NYSE: GOLD) has officially changed its name to Barrick Mining Corporation, or Société minière Barrick in French, and reported stronger-than-expected first-quarter profit that was…
Gold Fields, AngloGold pause Ghana JV talks
Gold Fields (JSE, NYSE: GFI) and AngloGold Ashanti (JSE: ANG; NYSE: AU) have paused their plan to merge the Iduapriem and Tarkwa operations in Ghana under a joint venture that…
Kidnappers kill 13 guards at Peru mine
Thirteen security guards kidnapped from one of Peru’s largest gold mines were found dead on Sunday, in a brutal incident underscoring the worsening security crisis in the country’s Amazonian Pataz…
TMC files for deep sea mining licences under US law
The Metals Company (Nasdaq: TMC) has filed applications for a commercial recovery permit and two exploration licences under the U.S. seabed mining code, a major step in its pursuit of deep-sea…
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
US-Ukraine minerals deal could be signed within days
Ukraine and the United States could sign a long-awaited minerals agreement as early as this week, after Kyiv announced that previous U.S. military aid would not be counted against the…
South Africa blocks Kropz bid to mine in national park
Kropz had applied in March to extract phosphate from land within the West Coast National Park.
Atlantic Lithium asks Ghana for tax relief to save mine
Australia’s Atlantic Lithium (ASX: A11) has appealed to the Ghanaian government for fiscal concessions to keep its Ewoyaa lithium project afloat, warning that the collapse in lithium prices has put…
US offers $190M to Victory Metals rare earths project
Victory Metals (ASX: VTM) has received a letter of interest from the Export-Import Bank of the United States (EXIM) for up to $190 million (A$292 million) in financing to develop…
Barrick sells Donlin stake to Paulson, Novagold for $1B
Canada’s Barrick Gold (TSX: ABX; NYSE GOLD) is exiting the Donlin Gold project in Alaska by selling its 50% stake for US$1 billion (C$1.38 billion) to hedge fund billionaire John…
Northern Star nears final hurdle in De Grey takeover
Shareholders of De Grey Mining voted overwhelmingly in favour of a buy-out by Australia’s largest gold producer Northern Star Resources.