Kinross Gold sells Russian assets to Highland for $680 million

Kinross Gold to sell Russian assets to Highland for $680 million

The transaction, subject to Moscow's approval, is the first sale of a Western company’s assets in Russia since the start of the war in Ukraine.

Cecilia Jamasmie | April 5, 2022 | 3:46 am

Centerra Gold hands Kumtor mine to Kyrgyzstan, ending dispute

Out-of-court settlement calls for Centerra to yield control of the vast gold mine to state-owned refiner Kyrgyzaltyn OJSC, which will return its 26% stake in the company.

Cecilia Jamasmie | April 4, 2022 | 3:49 am

Sumitomo Metal, Sumitomo Corp hike Chile copper project cost estimate by 60%

Teck’s Quebrada Blanca mine in Chile faces environmental charges

Chile’s environmental regulator has filed eight charges claiming Teck failed to comply with vegetation and animals protection measures.

Cecilia Jamasmie | April 1, 2022 | 7:07 am

Serbian elections could help Rio Tinto save lithium project

Serbian elections could improve chances for Rio Tinto’s lithium project

Should the country’s pro-mining president be re-elected, Rio Tinto could have a chance to have the licence for its Jadar project reinstated.

Cecilia Jamasmie | April 1, 2022 | 3:49 am

Miners need to invest over $100bn to meet copper demand

Miners need to invest over $100 billion to meet copper demand

The global copper industry needs to build mines that close what could be an annual supply deficit of 4.7 million tonnes by 2030, says CRU.

Cecilia Jamasmie | March 31, 2022 | 4:44 am

Tesla inks secrete multi-year nickel supply deal with Vale

Tesla inks secret multi-year nickel supply deal with Vale

The deal is one of several the electric vehicles giant has forged over the last year to secure supply of battery metals.

Cecilia Jamasmie | March 30, 2022 | 6:03 am

Congo halts court case against China Moly’s Tenke mine

Government said it had laid out “a road map to exit the crisis, along with a timeline" for the two sides to come to an agreement.

Cecilia Jamasmie | March 30, 2022 | 3:47 am

Hudbay Minerals replaced nearly all mining depletion in 2021

The company also extended the life of both its Constancia copper mine in Peru and its Snow Lake gold mine in Canada by a year to 2038.

Cecilia Jamasmie | March 29, 2022 | 7:04 am

Rio Tinto secures lithium project in Argentina

The $825 million acquisition of Rincon gives Rio Tinto a large undeveloped lithium brine project located in the heart of South America's lithium triangle.

Cecilia Jamasmie | March 29, 2022 | 3:53 am