Hummingbird Resources shares collapse after halting Mali mine It said the stoppage will affect full-year production, placing it below the bottom end of its 100,000 to 110,000 gold ounces range for 2021. Cecilia Jamasmie | November 29, 2021 | 5:45 am
Implats acquires 24% of Royal Bafokeng, offers to buy out remaining shares The platinum group metals miner wants to buy shares it doesn't already own in Royal Bafokeng in a 150 rand cash-and-stock deal. Cecilia Jamasmie | November 29, 2021 | 4:04 am
Rio Tinto to grab 51% stake in Janice Lake copper-silver project The miner spent C$14 million in exploration, which exceeds the C$10 million required to become Janice's majority owner. Cecilia Jamasmie | November 26, 2021 | 7:10 am
Cornish Lithium gets $24 million to develop UK assets TechMet’s funding is the first institutional investment in Cornish Lithium, which has previously used crowdfunding to raise new capital. Cecilia Jamasmie | November 25, 2021 | 6:43 am
South32 locks 45% stake in Sierra Gorda copper mine Deal marks the Australian miner’s entry into the world’s largest copper-producing country ahead of an expected demand boom for the metal. Cecilia Jamasmie | November 25, 2021 | 3:49 am
BHP extends Noront bid deadline again amid talks with Wyloo Norton shareholders now have until December 14 to accept or reject BHP's takeover offer, while talks with Wyloo progress. Cecilia Jamasmie | November 24, 2021 | 10:50 am
Lucara says diamond market “healthiest” in years The miner anticipates producing up to 340,000 carats in 2022, with sales generating revenues of between $185 and $215 million. Cecilia Jamasmie | November 24, 2021 | 6:58 am
Europe’s top zinc mine halted due to water flows Water began flooding the underground mine as a crew was drilling a pilot raise bore hole for a ventilation shaft. Cecilia Jamasmie | November 24, 2021 | 4:01 am
Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi’s future Jakob Stausholm met with L. Oyun-Erdene in an effort to solve issues related to the underground expansion of the mine. Cecilia Jamasmie | November 23, 2021 | 11:05 am