Zinnwald lithium project in Germany now 2nd largest in EU The project's mineral resources estimate has increased 445% since the previous report, released in late 2018. Cecilia Jamasmie | February 21, 2024 | 10:01 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia. Cecilia Jamasmie | February 21, 2024 | 3:47 am
KoBold Metals expands Zambia footprint with Midnight Sun deal KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner. Cecilia Jamasmie | February 20, 2024 | 5:43 am
Osino-Dundee deal falls through after third-party superior bid The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia. Cecilia Jamasmie | February 20, 2024 | 3:25 am
Peru approves $2 billion Antamina copper mine expansion Long-awaited permit will extend the life of Peru's largest copper mine, co-owned by Glencore, BHP, Teck and Mitsubishi, from 2028 to 2036. Cecilia Jamasmie | February 16, 2024 | 5:28 am
First Quantum exercises option over two licences as it looks to expand in Zambia The Canadian miner has not yet earned a stake in African Pioneer Zambia, the company that holds the copper licences. Cecilia Jamasmie | February 16, 2024 | 3:24 am
BHP considers closing Western Australia nickel operations amid price decline Nickel prices fell 40% in the last year as Indonesian supply jumped. Cecilia Jamasmie | February 15, 2024 | 8:30 am
Sibanye-Stillwater, Heraeus team up to save palladium The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal. Cecilia Jamasmie | February 15, 2024 | 5:29 am
Canadian graphite miner NMG scores deals with GM, Panasonic Offtake agreements totalling $87.5 million will help NMG advance the second phase of its Quebec graphite complex. Cecilia Jamasmie | February 15, 2024 | 3:48 am