South32 locks 45% stake in Sierra Gorda copper mine
South32 (LSE: S32; ASX: S32; JSE: S32) says it will proceed with the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile, as project partner KGHM…
BHP
SolGold delays prefeasibility study for Cascabel again
SolGold (TSX: SOLG; LSE: SOLG) announced it will delay the release of the prefeasibility study for its flagship Cascabel copper-gold project in Ecuador. The mining company said the delay will…
Zijin Mining plans to produce copper at its Buritica gold mine
Zijin Mining, China’s No.1 gold producer, is fine-tuning plans to boost the capacity of its Buritica gold mine in Antioquia, Colombia, to produce copper and zinc as well as gold…
SolGold taps former BHP executive as new CEO
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) has named former BHP executive Darryl Cuzzubbo as the company’s new boss, as the junior works to improve relations between the board and its…
Canada’s Saskatchewan adds lithium to mining portfolio
Prairie Lithium, a private lithium resource and technology developer situated in the heart of Saskatchewan’s resource-rich Williston Basin, reached a milestone this week as it finished drilling the province’s first…
BHP extends Noront bid deadline amid talks with Wyloo
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has extended the deadline for Noront Resources’ (TSXV: NOT) investors to accept or refuse its bid from November 16 to the end of…
BHP sheds more Australian coal mines in US$1.35 billion deal
BHP (NYSE: BHP: LSE: BHP; ASX: BHP) has inked a deal to divest up to US$1.35 billion in metallurgical coal assets in Australia, as part of the world’s largest miner…
Protests force Peru’s largest copper mine to halt operations
Operations at Peru’s Antamina copper and zinc mine, jointly owned by Glencore (LSE: GLEN), BHP (NYSE: BHP; LES: BHP; ASX: BHP), Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) and Mitsubishi, were…
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
BHP’s London investors support criticized climate change plan
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) secured key backing for its climate transition strategy despite concerns that the long-term plan to tackle customers’ greenhouse gas emissions did not go…
South32 buys stake in KGHM Chilean mine for about US$1.55B
Australia’s South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for US$1.55 billion in cash…