BSGR to pay Guinea $5.6 million after losing case over Simandou

The World Bank’s ICSID ruling comes eight years after BSGR launched arbitration proceedings against Guinea for alleged expropriation of the asset.

Cecilia Jamasmie | May 24, 2022 | 4:19 am

Horizonte kicks off construction of Araguia nickel mine in Brazil

The Araguaia nickel mine in northern Brazil is set to produce 29,000 tonnes of the battery metal a year for the steel market. 

Cecilia Jamasmie | May 20, 2022 | 7:13 am

Skyharbour buys into Rio Tinto’s Russell Lake uranium project

The Canadian explorer has secured an initial 51% stake in Russell Lake, located next to its Moore property in Saskatchewan.

Cecilia Jamasmie | May 20, 2022 | 4:03 am

Foxes add to Gold Fields headaches in Chile

Environmental regulator has asked Gold Fields to implement four “urgent” and “transitory” measures following the death of three specimens of culpeo fox in the area.

Cecilia Jamasmie | May 19, 2022 | 6:55 am

Woodside shareholders back BHP petroleum merger

Deal creates a top ten global independent oil and gas producer worth $40 billion, with assets in Australia, the US, Mexico, Senegal and Trinidad.

Cecilia Jamasmie | May 19, 2022 | 3:52 am

BHP to speed up Jansen potash mine as Ukraine war weighs on supplies

BHP would bring forward first potash production at Jansen, in the Canadian province of Saskatchewan, to 2026 from 2027.

Cecilia Jamasmie | May 18, 2022 | 3:47 am

Electric vehicles surpass phones as top driver of cobalt demand

The EV sector consumed 59,000 tonnes of cobalt in 2021, or 34% of total demand, according to a report by the Cobalt Institute.

Cecilia Jamasmie | May 17, 2022 | 9:03 am

i-80 Gold to trade on New York Stock Exchange

CEO Ewan Downie says listing will provide enhanced access to the world’s biggest and most liquid equity market.

Cecilia Jamasmie | May 17, 2022 | 3:58 am

Excellon eyes new assets in Mexico ahead of Platosa closure

Excellon will wind down operations at Platosa in the third quarter of the year due to a series of challenges that have affected the mine.

Cecilia Jamasmie | May 16, 2022 | 9:42 am

Review board rejects Baffinland expansion plans in Nunavut

Federal northern affairs minister, has 90 days to either side with the review board or Baffinland Iron Mines.

Cecilia Jamasmie | May 16, 2022 | 4:19 am

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