Anglo American sells Australian coal JV stake for $1.5B
Anglo American (LSE: AAL) has agreed to sell its minority stake in an Australian coal mining joint venture for A$1.6 billion ($1.5 billion), marking a significant step in its strategy…
South America
Jack and Adam Lundin are TNM’s Persons of the Year for 2024
Sometimes a discovery is so big, it takes generations to discover, define and develop – in order to become a mining district that produces metals for future generations. Over the…
TNM names 2024 award winners: Jack and Adam Lundin, Amparo Cornejo, and Ross Beaty
The Northern Miner has named Jack and Adam Lundin as its Persons of the Year for 2024. Amparo Cornejo, chief sustainability officer of Teck Resources, has been chosen as the winner…
Ecuador to reopen mining register for first time in over six years
Ecuador’s mining sector is following closely President Daniel Noboa’s recent decision to reopen and update the country’s mining cadaster within six months. The executive decree, signed last week, mandates the…
Excellon plans return to silver mining next year with Mallay mine deal in Peru
Excellon Resources (TSX: EXN; NYSE: EXN) has announced a deal to buy the past-producing Mallay silver mine in Peru, bringing the company back into silver production by mid-2025. The transaction…
‘We’ve moved on,’ BHP says of failed Anglo bid, before walking back comments
BHP’s (ASX: BHP) leadership gave its clearest indication yet that it won’t make another bid for smaller rival Anglo American (LSE: AAL), but later walked back some comments about “moving…
Rio Tinto adopts space tech for lithium exploration in Argentina
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has adopted space technology from Australia’s Fleet Space to boost its exploration efforts at its Rincon lithium project in Argentina. The world’s…
Hochschild Mining adds Cerrado project to Brazil portfolio
Precious metals producer Hochschild Mining (LSE: HOC) is expanding its presence in Brazil by exercising an option to buy Cerrado Gold‘s (TSXV: CERT) Monte Do Carmo project for up to US$60 million. The…
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie
The world is currently on course for global warming levels between 2.5˚C and 3˚C by the end of the century, far exceeding the 1.5˚C target outlined in the Paris Agreement…
Gold stocks starting to outshine bullion: Canaccord report
Higher gold and silver prices are finally jump-starting the stock prices of the companies that mine the metals, Canaccord Genuity Capital Markets analysts said in a report this week. Equities…
Agnico Eagle takes 13% stake in ATEX Resources
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) has taken a 13% stake in copper-gold explorer ATEX Resources (TSXV: ATX) with an investment totalling $55 million, which the latter will use…
BHP, Vale reach US$30B Fundão dam settlement
The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.