Guinea extends deadline to bid for vacant blocks of giant Simandou iron ore deposit

Potential bidders now have until Aug. 19 to submit proposals in competition for one of the world’s most-fabled mineral deposits.

Cecilia Jamasmie | August 6, 2019 | 3:54 am

Codelco, Salar Blanco to develop lithium project in Chile’s north

The deal comes after a disagreement between the companies over adjoining lithium deposits in the area.

Cecilia Jamasmie | August 1, 2019 | 9:55 am

Iron ore prices help Rio Tinto fork out $1bn dividend, despite Oyu Tolgoi setback

Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.

Cecilia Jamasmie | August 1, 2019 | 6:25 am

Kinross Gold expands Russian portfolio with $283 million buy

The Chulbatkan gold project would enable it to leverage its expertise as a world-class, cold climate heap leach operator.

Cecilia Jamasmie | August 1, 2019 | 3:34 am

Australia’s Resolute Mining to buy Toro Gold for $274m

Resolute is paying $130 million in cash plus 142.5 million of its own shares for West Africa-focused junior miner.

Cecilia Jamasmie | July 31, 2019 | 7:59 am

Glencore warns of $350m hit on copper unit

Setbacks at its mines in DRC and Zambia caused copper production to fall 5% to 663,000 tonnes in the six months to June.

Cecilia Jamasmie | July 31, 2019 | 4:33 am

Northern Star hits sales record on new Pogo mine

The Alaska-based mine sold 48,009 ounces of gold in the June quarter, 33% more than in the previous three months.

Cecilia Jamasmie | July 30, 2019 | 9:24 am

Canada’s Japan Gold extends footprint with three new projects

The land package, which covers 76 applications, takes the total number of projects it currently has in Japan to 18.

Cecilia Jamasmie | July 30, 2019 | 7:16 am

Fresnillo shares plunge as profits fall short despite precious metals prices rally

Its shares fell 13% to a three-year low of 693.4 pence in morning trading. They were also the second-biggest decliner on the FTSE 100.

Cecilia Jamasmie | July 30, 2019 | 4:43 am

Ivanhoe’s giant Kamoa-Kakula copper project in DRC gets even bigger

Kamoa-Kakula already is the world’s fourth-largest copper project and one of the ten with highest grades.

Cecilia Jamasmie | July 29, 2019 | 7:47 am

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