Tata Group to build $6-billion gigafactory in the UK
Tata’s first gigafactory outside of India will supply locally-made batteries to the company’s its Jaguar Land Rover factories.
Articles by Cecilia Jamasmie
Canada’s regulator clears Newmont’s acquisition of Newcrest
Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition of Australia’s Newcrest Mining (ASX: NCM; TSX: NCM)….
Petra Diamonds misses production target for 2023 on lower grades
Petra Diamonds (LSE: PDL) said Tuesday it had missed its diamond production target for fiscal 2023, while sales remained low due to weak demand. The diamond miner produced 2.67 million…
SolGold’s Cascabel copper mine licence renewed for 25 years
Ecuador-focused SolGold (LSE: SOLG) said on Monday it had been granted a 25-year licence renewal for its flagship Cascabel copper-gold project in the Andean country. The miner noted the renewal…
Rainbow, Mosaic partner on rare earths extraction in Brazil
Rainbow Rare Earths (LSE: RBW; US-OTC: RBWRF) has inked a memorandum of understanding with Mosaic (NYSE: MOS) to jointly study the viability of extracting rare earth elements (REEs) from the phosphate…
Rio Tinto grabs stake in graphite-focused Sovereign Metals
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) agreed on Monday to buy a 15% stake in Australia’s Sovereign Metals (LSE: SVML; ASX: SVM) for A$40.4 million (US$27.6 million), becoming a…
Lundin Mining becomes majority owner of Caserones copper mine
Lundin Mining (TSX: LUN) has completed the acquisition of a majority stake in the company that operates the Caserones copper-molybdenum mine in Chile, the world’s largest producer of the metal….
Savannah Resources raises $10M for Europe’s biggest lithium project
Savannah Resources (AIM: SAV) said on Friday it had raised £6.1 million ($10.4 million) through equity, which allows it to move forward with its Barroso lithium project in Portugal, slated…
US Gold granted key permit for CK gold project in Wyoming
U.S. Gold (NASDAQ: USAU) has been granted a key permit that allows the company to proceed with construction at its proposed CK gold-copper-silver mine in Wyoming. The industrial siting permit…
Fortescue Metals says founder’s split with wife won’t affect miner
Australian iron ore miner Fortescue Metals Group (ASX: FMG) said on Thursday the breakdown of executive chairman Andrew Forrest’s marriage will have no impact on the couple’s mining business or…
BHP and Vale square off in London court over Samarco tailings disaster
Vale is challenging BHP’s claim that the two miners should split any fine over the deadly 2015 dam collapse in Brazil.
Study highlights deep-sea mining impact on tuna as ISA preps first rules for nascent sector
Extracting minerals from the ocean floor would negatively impact the tuna industry as the fish is expected to migrate habitat towards areas of the Pacific Ocean currently slated for deep-sea mining…