Burkina Faso seeks to ease investor concerns
Burkina Faso, Africa’s fourth-largest gold producer, is trying to reassure international miners that its request to acquire more of West African Resources’ (ASX: WAF) Kiaka gold mine is an option,…
Articles by Cecilia Jamasmie
Kodal secures export permit for Mali lithium mine
Kodal Minerals (LSE: KOD) has secured an export permit for spodumene concentrate from its Bougouni lithium mine in southern Mali, clearing a key hurdle for the project’s first shipments. The…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
Brazil probes Anglo’s $500M nickel sale to China’s MMG
Brazil’s competition authority has launched an investigation into Anglo American’s plan to sell its nickel operations in the country to China’s MMG for up to $500 million. The probe, first…
Codelco warns Chile’s copper output may stall
Chile’s state-owned copper giant Codelco is warning that national production could stagnate at about 5.5 million tonnes per year as the industry faces mounting challenges. Chairman Máximo Pacheco said at…
SolGold shifts to Swiss HQ, fast-tracks Cascabel
Ecuador-focused SolGold (LSE: SOLG) has moved its tax domicile to Switzerland as it pushes its flagship Cascabel copper-gold project into development. The shift, effective August 28, includes the relocation of…
Burkina Faso’s nationalization rattles West Africa’s gold sector
Burkina Faso is accelerating its drive to nationalize natural resources, requesting this week to buy another 35% of West African Resources’ (ASX: WAF) Kiaka gold mine — a move that…
Equinox Gold kicks off ore processing at Valentine
Equinox Gold (TSX, NYSE-A: EQX) has begun processing ore at its Valentine gold mine in Newfoundland and Labrador, with first gold expected next month. “I am pleased to announce that…
MinRes posts A$904M loss as Ellison exit drags on
Mineral Resources (ASX: MIN) has plunged to its worst financial result in company history as the debt-heavy iron ore and lithium producer struggles to convince investors it has a clear…
US adds copper, potash, silicon to critical minerals list
The U.S. government has added copper, potash and silicon to its draft list of critical minerals in the most significant overhaul since it was first published in 2018. The update, mandated…
Rio Tinto overhauls units, axes execs
Rio Tinto’s (ASX, NYSE, LSE: RIO) new CEO Simon Trott has launched a sweeping overhaul of the miner’s structure, consolidating operations into three core divisions while placing several non-core assets…
Gemfields to auction huge 11,685-carat ‘buffalo’ emerald
Coloured precious stones miner Gemfields (LSE: GEM; JSE: GML) has unveiled a colossal emerald weighing 11,685 carats, discovered at its 75%-owned Kagem mine in Zambia. Named Imboo, meaning buffalo in…