Anglo American takes US$1.6B writedown on UK mine
Anglo American (LSE: AAL) swung to a loss in the first half of the year after taking a fresh US$1.6 billion writedown on its Woodsmith fertilizer project in the U.K.,…
Articles by Cecilia Jamasmie
First Quantum starts up Zambia nickel mine, enters standstill deal with Jiangxi
First Quantum Minerals (TSX: FM) has begun commercial production at its Enterprise mine, set to become Africa’s biggest nickel operation, helping Zambia get closer to its goal of turning into…
Deep sea miner TMC plans to be ready to apply for licence
Canada’s The Metals Company (NASDAQ: TMC) plans to be ready to apply for a licence to start mining the seabed before the end of this year, with production expected to…
Vale Metals appoints mining veteran Shaun Usmar as CEO
Vale Base Metals, Vale‘s (NYSE: VALE) Canadian-based spinout of its metals business created last year, has appointed mining veteran Shaun Usmar as its new chief executive officer. Usmar brings over…
BHP’s Jansen potash mine passes halfway mark on way to 2026 production
BHP (NYSE: BHP; LSE: ASX; ASX: BHP) says the first phase of its massive Jansen potash mine in Saskatchewan has surpassed the halfway point of construction. The world’s biggest miner…
Chile copper, lithium mines rattled by 7.4 quake
A 7.4-magnitude earthquake hit northern Chile on Thursday night, 45 km outside San Pedro de Atacama, where the majority of the country’s vast copper and lithium mines are located. The…
Serbia inks lithium memos with EU amid Jadar’s revival
Serbia, the European Union and Germany inked a series of agreements on Friday that may grant EU members as well automakers Mercedes Benz and Stellantis exclusive access to Serbian lithium. …
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Fortescue cuts 700 jobs, slows down green hydrogen plans
Fortescue (ASX: FMG) plans to cut about 700 jobs, or 4.5% of its global workforce, as part of a new restructuring push that will see the Australian iron ore miner scale…
Rio Tinto names Shell’s Katie Jackson as new copper chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has appointed Katie Jackson, a former Shell executive, as the new head of the company’s copper division, based in London, U.K. Jackson,…
Rio Tinto ready to build Simandou after almost 30 years of setbacks
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) says it has all necessary regulatory approvals to resume construction at its vast Simandou iron ore asset, the world’s biggest mining project,…
SolGold signs US$750M gold stream deal for Ecuador project
Franco-Nevada (TSX: FNV NYSE: FNV) and Osisko Gold Royalties (TSX: OR, NYSE: OR) have agreed to provide US$750 million in funding to SolGold (TSX: SOLG; LSE: SOLG) for its Cascabel…