Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The world is currently on course for global warming levels between 2.5˚C and 3˚C by the end of the century, far exceeding the 1.5˚C target outlined in the Paris Agreement…
Articles by Cecilia Jamasmie
AngloGold to close US$2.5B Centamin buy in November
Centamin (LSE: CEY) shareholders have voted in favour of AngloGold Ashanti’s (NYSE: AU; ASX: AGG; JSE: ANG) proposed US$2.5-billion takeover of the Egypt-focused gold miner. Centamin noted that the necessary…
Gold Fields completes Osisko buy for ownership of Windfall
South Africa’s Gold Fields (NYSE: GFI; JSE: GFI) said on Monday it had completed the $2.2-billion acquisition of Osisko Mining, which makes it the sole owner of the Windfall project…
Adriatic Metals gets green light for new dry-stack tailings facility
Europe-focused Adriatic Metals (ASX: ADT; LSE: ADT1) has received government approval to begin building a mining waste storage facility for its Vares silver mine at the Veovaca site in Bosnia…
Montage lands US$825M for new West Africa gold mine
Montage Gold (TSXV: MAU; US-OTC: MAUTF) has secured a financing package worth US$825 million to fund the construction of its flagship Koné project in Côte d’Ivoire. Shares gained 11.7%. The…
Silvercorp, Salazar to kick off Ecuador mine construction in early 2025
Silvercorp Metals (TSX: SVM; NYSE: SVM) and Salazar Resources (TSXV: SRL) are gearing up to kick off construction of their Curipamba-El Domo copper-gold mine in Ecuador in early 2025. After receiving…
Hochschild posts best quarterly results in five years as new Brazil mine ramps up
Shares in precious metals producer Hochschild Mining (LSE: HOC) jumped on Wednesday after it posted its best quarterly performance in almost five years, thanks mainly to its Mara Rosa mine…
Serra Verde makes global list of critical projects, banks US$150M investment
Brazil-focused Serra Verde Group has gained a US$150 million investment and earned a spot on the Minerals Security Partnership’s (MSP) global list of projects considered crucial to the global energy…
Diamond miners’ results spark market recovery hopes
Lucapa Diamond (ASX: LOM) and Petra Diamonds (LSE: PDL) provided a glimmer of hope for the precious gemstones market on Tuesday by posting stronger revenues and production figures, signalling a…
Liability trial for BHP in Samarco dam collapse begins in London
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) faces a potential US$47-billion payout in damages over the 2015 Mariana Dam disaster in Brazil, believed to be the country’s most catastrophic environmental…
BHP’s Olympic Dam mine halted after storm hits
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) was forced to halt operations at its Olympic Dam copper-gold mine on Friday after severe electrical storms damaged critical transmission infrastructure in northern…
Adriatic Metals appoints Laura Tyler as CEO
Europe-focused Adriatic Metals (LSE: ADT1; ASX: ADT ) has officially announced the appointment of Laura Tyler as its managing director and chief executive officer. Tyler, who has been with Adriatic…