McEwen, Rio Tinto to jointly develop copper project in Nevada
McEwen Copper, a subsidiary of McEwen Mining (TSX: MUX; NYSE: MUX), has inked a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) that gives the global miner an option…
Articles by Cecilia Jamasmie
Rio Tinto and Turquoise Hill get serious, ink binding takeover deal
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has inked a definitive arrangement with Turquoise Hill Resources (TSX: TQR) to buy the 49% of the Canadian miner it doesn’t already…
Turquoise Hill’s top five investor rejects Rio Tinto’s bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR), is ready to put the brakes on Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Lucapa finds Angola mine’s sixth-largest white diamond
Australia’s Lucapa Diamond (ASX: LOM) has recovered a 160-carat white Type IIa diamond at its prolific Lulo mine in Angola, the sixth-largest recovered at the operation to date. The diamond was found at the…
Marathon Gold board gives nod to Valentine mine build in Newfoundland
Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company’s board approved construction. “The company’s decision to proceed with construction…
Turquoise Hill agrees to beefed up US$3.3B offer from Rio Tinto
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has reached an in-principle deal with Turquoise Hill (TSX: TQR) to buy the 49% of the Canadian miner it doesn’t already own…
Primitive vegetation played key role in composition of earth’s continental rocks
Primitive plants transformed what was once a Mars-like planet of barren rock into a world of life growing in organic-rich soils.
Ford asks US government to speed up mining permits
U.S. carmaker Ford Motor Co. (NYSE: F) is asking the Biden administration to speed up the permitting process for mining projects, particularly those targeting critical metals such as lithium, cobalt,…
Chile’s President says proposed mining tax, criticized as ‘extreme and dogmatic’, up for discussion
Chile’s President Gabriel Boric said late on Tuesday he is open to discuss changes in the country’s tax law that would affect the mining sector as lawmakers are scheduled to…
Nexa Resources halts Peruvian zinc mine due to blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has halted its Atacocha San Gerardo open pit zinc mine in Peru due to a road blockade by a local community. The zinc producer, controlled by…
Honda to build its first EV battery plant in US with LG
Japan’s Honda Motor and South Korean battery maker LG Energy Solution plan to invest US$4.4 billion to build a new battery production plant for electric vehicles in the U.S. The…
Colombia abandons plan to tax gold exports
Colombian finance minister José Antonio Ocampo said the government has withdrawn a plan to introduce a 10% duty on gold exports included in the tax reform bill submitted by the…