Barrick denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX; NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum Minerals (TSX: FM)…
Articles by Cecilia Jamasmie
‘Vultures’ look to harvest Danakali’s cash after Eritrean potash deal
Danakali (ASX: DNK) warned shareholders on Friday of “predatory activity” by unidentified groups currently approaching investors with “vulture” offers for their stakes in the company, seeking to pay as little…
Former Fortescue execs launch green iron startup
Two former executives that worked at Fortescue’s clean energy initiatives, Michael Masterman and Bart Kolodziejczyk, have launched a startup that aims to cut carbon emissions of the Australian iron ore…
Uganda grants ASX-listed Ionic licence to mine rare earths
Australia’s Ionic Rare Earths (ASX: IXR) said on Thursday the government of Uganda had granted it a mining licence for the Makuutu heavy rare earths project in the East Africa nation. The…
Albemarle to axe jobs, halt growth, sell Liontown stake
Plunging lithium prices are forcing Albemarle (NYSE: ALB) to cut jobs and defer spending, including on a massive refinery project in South Carolina, as part of a wide-ranging plan to…
How did Vale tailings dam burst and kills hundreds?
Construction details in the tailings dam at Vale’s (NYSE: VALE) Corrego do Feijao iron ore mine in Brazil may have caused the burst that killed at least 270 people when…
Los Pelambres boosted Antofagasta copper production in 2023
Chilean miner Antofagasta (LSE: ANTO) has reported a 2% increase in annual copper production last year to 660,600 tonnes thanks to strong performances by its largest mines Los Pelambres and Centinela….
Taseko inks US$50M royalty deal to speed up Florence copper mine construction
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has inked a deal with Taurus Mining Royalty Fund that would allow it to speed up construction of its Florence copper mine…
Pilbara Minerals expands offtake deal with Ganfeng
Australian lithium producer Pilbara Minerals (ASX: PLS) has increased its sales contract with Ganfeng over the next three years and has the option to further boost the spodumene concentrate tonnage…
First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
Uranium jumps to over US$100 per lb as top miner flags shortfall
Uranium prices jumped on Friday to a 16-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LSE: KAP), warned it’s likely to fall short of its output targets over the…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…