Petra Diamonds flags revenue hit as it defers sale to August
Petra Diamonds (LSE: PDL) has postponed the majority of what would have been its sixth sale for its 2023 fiscal year due to what it calls “a temporary slowdown” in…
Articles by Cecilia Jamasmie
Evolution Mining to expand two gold mines in Australia
Evolution Mining (ASX: EVN), Australia’s third-biggest gold miner, announced on Monday that is going ahead with two major expansions plans at its Mungari and Ernest Henry operations. The company also…
Rio Tinto Boron mine becomes first to switch to renewable diesel
Rio Tinto (ASX: RIO; LSE: RIO) said on Friday it had completed the full transition of its heavy machinery at its Boron operation in the U.S. from fossil diesel to…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…
Renewable energy capacity to hit record growth in 2023 – IEA
Renewable power capacity will grow by a record number this year as more robust government policies around fossil fuels and energy security concerns drive more clean energy deployment, the International…
Petra Diamonds sells half its stake in Williamson mine
Petra Diamonds (LSE: PDL) said on Wednesday it had inked a definitive deal to sell 50% of its stake in the Williamson diamond mine in Tanzania to local technical services contractor…
Hochschild CEO Bustamante to leave after 13 years with miner
Hochschild Mining (LSE: HOCM) announced on Tuesday its chief executive, Ignacio Bustamante, will leave in late August after 13 years in various top positions in the company. Bustamante, 52, will…
Greatland Gold inks deal with Rio Tinto for Western Australia expansion
Greatland Gold (LSE: GGP) said Tuesday that it has entered a farm-in and joint-venture agreement with Rio Tinto (ASX: RIO; LSE: RIO) to speed up exploration across a tenure near…
SQM and Codelco kick off talks over lithium partnership
SQM (NYSE: SQM), the world’s second-largest lithium miner, and Chile’s state-owned copper miner Codelco have formally begun talks aimed at setting up a public-private partnership to extract the battery metal…
Sigma Lithium sells first “green tailings” to China’s Yahua
Sigma Lithium (TSX-V; Nasdaq: SGML) has received payment on its first shipment under a three-year environmental offtake agreement for its green tailings to China’s Yahua International Investment and Development. Yahua…
Deep-sea mining may affect thousands of new species found in hotspot
Scientists have identified more than 5,500 entirely new species in the CCZ of the Pacific Ocean, an area targeted by deep sea miners.
Pending approval of First Quantum deal with Panama haunts miner
Analysts say First Quantum’s credit ratings will improve once the agreement over Cobre panama copper mine is formalized.