Panama to hold referendum on First Quantum contract, halts new projects
Panama will hold a referendum in December to decide the fate of Canada’s First Quantum Minerals (TSX: FM) Cobre Panama copper mine, and has also announced a halt on new…
Intelligence
Rinehart buys 18% in Azure Minerals to block SQM takeover
Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals (ASX: AZS), in a strategic move aimed at checking Chilean lithium giant SQM’s…
Drill Down: Nevada King strikes multi-ounce oxide gold on Atlanta project
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by TNM Group data…
Rinehart closer to blocking Albemarle’s takeover of Liontown
Australian billionaire Gina Rinehart’s company Hancock Prospecting has once again increased its stake in Liontown Resources (ASX: LTR) to 16.7%, becoming the company’s largest shareholder. Australia’s richest person has been…
Barrick to invest US$2B in Zambia copper mine expansion
Barrick Gold (TSX: ABX; NYSE: GOLD) will invest almost $2 billion in an expansion of its Lumwana copper mine in Zambia, the company said on Wednesday. The project will increase…
Climate targets threatened by lack of mining investment: McKinsey
Soaring demand for metals and minerals needed to achieve a 45% reduction in global emissions by 2030, paired with low commodity prices driving investors and mining firms to cut spending…
Brazil’s Mura people back Amazon potash mine
Canada’s Brazil Potash has scored a key win in its effort to build its $2.5 billion Autazes project in the state of Amazonas as the local Indigenous Mura people have…
Gold Fields to make decision on Ghana mine by early 2024
Gold Fields (NYSE: GFI; JSE: GFI) plans to make a decision within the next four months on whether to keep or sell its Asanko gold mine (AGM) in Ghana. The…
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Precious metals miner Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) will enter talks with labour unions over a possible restructuring at one of its South African gold mines, it said on Thursday….
Argentina to reach top three spot among lithium players by 2027
Argentina, the fastest-growing lithium producing nation, is also on track to become the world’s third largest player by 2027 thanks to its three active mines and 38 projects under development,…
Protests cast doubt on approval of First Quantum’s contract in Panama
Panamanian social and environmentalist organizations called for a national march on Tuesday afternoon towards the Parliament to demand legislators reject a deal between First Quantum Minerals (TSX: FM) and the…
Top investors seek damages from Glencore over prospectus claims
Swiss trader and miner giant Glencore (LSE: GLEN) has been accused by a group formed by some of the world’s biggest asset managers of hiding its corrupt activities through misleading…