Kinross in negotiations to sell Russian mines
Canada’s Kinross Gold Corp (TSX: K; NYSE: KGC) has entered exclusive negotiations with an unnamed third-party mining company after receiving several proposals to sell all its Russian assets. As part…
Rio Tinto
Rio Tinto secures lithium project in Argentina
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following Australia’s Foreign Investment Review Board (FIRB) approval…
UPDATE: Rio Tinto goes after Turquoise Hill in US$2.7B bid
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has offered US$2.7 billion for the 49% of shares it doesn’t already own in Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) in…
Mineral Resources takes stake in Global Lithium, boosts battery metals exposure
Australia’s Mineral Resources (ASX: MIN) will pump A$13.6 million (US$9.80 million) into fellow explorer Global Lithium Resources (ASX: GL1) as part of a A$30 million (US$21.61 million) placement that seeks…
Guinea junta halts Rio Tinto’s Simandou project
Guinea’s ruling junta has ordered a full halt of Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) vast Simandou iron ore project in the country’s southeast, with interim president Mamady…
Anglo American posts record profit, more than triples payout
Anglo American (LSE: AAL) joined a growing list of miners that have delivered record profits this week, with full year earnings of US$20.6 billion and a US$2.1-billion final dividend, on…
Electra partners with Glencore, Talon and Ontario government on battery materials park study
Electra Battery Materials (TSXV: ELBM; US-OTC: ELBMF) is partnering with Glencore (LSE: GLEN), Talon Metals (TSX: TLO) and the Government of Ontario to assess the potential of creating a battery…
Kinross says its Russian gold mines unaffected by sanctions
Canadian senior miner Kinross Gold Corporation (TSX: K; NYSE: KGC) says its operations in Russia are operating to plan and currently remain unaffected by Western and US sanctions announced on…
JV Article: Newly public Zacapa Resources focuses on US copper-gold exploration with drill-ready targets in prolific belts
Zacapa Resources (TSXV: ZACA), an exploration company with six copper and gold projects in some of the world’s best jurisdictions – listed on the Toronto Stock Exchange last week, going…
RANKED: World’s top 10 copper mining projects – 2022
Copper, often called the bellwether metal as a barometer of global economic health, is a metal vital to the green energy transition. Demand has been growing for the red metal,…
Rio Tinto report reveals culture of sexual harassment, bullying and racism
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled the results of an unfavourable external report outlining a culture of “systematic” bullying, sexual harassment and racism at the world’s second largest…
US markets fall during the Jan. 10-14 trading week
The Dow Jones Industrial Average fell 319.85 points or 0.88% to 35,911.81 and the S&P 500 dropped 14.18 points or 0.30% to 4,662.85. Spot gold climbed US$21.10 per oz. or…