Fate of Barrick’s US$7B project in Pakistan to be decided next week
Barrick Gold (NYSE: GOLD; TSX: ABX) will hear next week whether it can proceed with its US$7-billion Reko Diq copper-gold project in Pakistan, close to the borders of Iran and…
Articles by Cecilia Jamasmie
Petra Diamonds to keep Williamson mine idled until mid-2023
Petra Diamonds (LSE: PDL) said on Wednesday its Williamson mine in Tanzania would not resume production before the middle of 2023, following the partial collapse of a tailings storage facility…
Fortescue keeps women on the top job with Fiona Hick’s appointment
Australia’s Fortescue Metals Group (ASX: FMG) has named former Woodside Energy (ASX: WDS) executive Fiona Hick as its new chief executive officer, effective February 2023. With the appointment, the iron…
Sibanye-Stillwater to spend $821M advancing Finnish lithium project
Precious metals miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) approved on Monday a €588 million ($821.6 million) investment to advance its Keliber lithium project in Finland. The South African miner said its…
BHP averts strike at world’s biggest copper mine
Unionized workers at Escondida mine in northern Chile have accepted BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) latest offer and will not move forward with a strike that was planned for…
UK, South Africa seek deeper cooperation on critical minerals
London and Pretoria announced a partnership to promote the responsible exploration, development, production, and processing of critical minerals in South Africa. In a statement, both governments said that this new…
Mexico to start producing lithium batteries in late 2023, as US, Asia invest
Mexico, which nationalized lithium resources in April, plans to start producing lithium batteries in late 2023 as it has secured foreign investment and the backing of the United States, its…
Rio Tinto-Turquoise Hill takeover vote set for Dec. 9
Turquoise Hill Resources (TSX: TQR) has set Dec. 9 as the date its shareholders will finally vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO;…
World to face 8-million tonne copper deficit by 2032, Codelco warns
Codelco, the world’s biggest copper producer, warned on Thursday that global shortages of the metal may reach 8 million tonnes by 2032, as soaring demand continues to offset the number…
Mountain Province finds new kimberlite around Gahcho Kue mine
Mountain Province Diamonds (TSX: MPV) has found a new kimberlite on the claims and leases surrounding its Gahcho Kué joint venture operation in the Northwest Territories, about 280 km northeast…
Condor Gold puts La India project in Nicaragua up for sale
Condor Gold (TSX: COG; LSE: CNR) has decided to put its flagship La India open pit gold project in Nicaragua up for sale, preferably to a gold producer with mine building…
Sigma Lithium wraps up first phase of US$5.1B Brazil project next month
Canadian explorer Sigma Lithium (TSXV: SGML; NASDAQ: SGML) is on track to finish construction of the first phase of its Grota do Cirilo lithium hard rock project in Brazil by…