Alpha Lithium rejects buyout bid by Spanish firm
Tecpetrol said it was prepared to engage with Alpha “immediately” and improve its $178 million (C$241m) all-cash offer.
Articles by Cecilia Jamasmie
Zijin Mining halts Colombia gold mine on deadly bombing attack
Zijin Mining has halted operations at its Buriticá gold mine in Colombia after a bombing attack by illegal miners killed two people and injured another 14, including four national police…
Australia’s Silver Lake ups bid for St Barbara’s Leonara by US$29M
Silver Lake Resources (ASX: SLR) isn’t giving up on St Barbara’s Leonara gold complex. The Perth-based company has submitted a third bid for the asset that increases the cash component…
Pembridge Resources in trading halt as it seeks liquidation
The trading of Pembridge Resources’ shares (LSE: PERE) came to a halt on Thursday after the embattled miner said the board had decided to place the firm into creditors’ voluntary…
Miners in Chile to pay more taxes as long-awaited reform approved
Chilean lawmakers have approved an amended mining royalty bill, in the works for almost two years, which will make companies operating in the country pay more taxes and royalties to…
De Beers merges two auctions as diamond sales disappoint
It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same period of 2022.
Wheaton adds Lumina’s Cangrejos project gold stream
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Chile to negotiate with lithium partners on case-by-case basis, says mining minister
Chile’s mining minister Marcela Hernando clarified the country had announced a strategy, not a policy.
SolGold mulling phased development of Cascabel copper mine
Ecuador-focused SolGold (LSE: SOLG) is considering a phased approach to the development of its flagship Cascabel copper-gold project in the Andean country as a way to reduce upfront capital and…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition in…
Pembridge Resources shares collapse on Minto mine halt
Shares in Pembridge Resources (LSE: PERE) fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals (TSXV: MNTO),…
Sonora police remove blockaders from Fresnillo’s La Herradura mine
Minera Penmont, a subsidiary of Fresnillo (LSE: FRS), announced that the Sonora police removed a number of blockades installed at different entry points of the company’s La Herradura operation located…