Erdene gets $30m on revised deal for Mongolia gold project It comes as Erdene amended its strategic alliance with the Mongolian Mining Corporation for the development of the Bayan Khundii project. Cecilia Jamasmie | October 19, 2023 | 3:40 am
Paladin becomes sole owner of Michelin uranium project With its JV partners now out of the picture, Paladin will work on defining a path forward for the project in Labrador, Canada. Cecilia Jamasmie | October 18, 2023 | 6:09 am
Codelco to buy Lithium Power for $244 million The acquisition would mark the Chilean copper giant's first foray into the lithium space, as part of the country's new public-private model for the sector. Cecilia Jamasmie | October 18, 2023 | 3:28 am
Rio Tinto cuts Canadian iron ore guidance The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July. Cecilia Jamasmie | October 17, 2023 | 5:30 am
Newmont starts ramp-up at Peñasquito as strike ends Return to normal operations at Mexico’s largest gold mine is expected to take several weeks, and Newmont vowed to update markets next week. Cecilia Jamasmie | October 17, 2023 | 3:52 am
Scotgold in advanced funding talks to avoid default The embattled miner, which operates Scotland’s only gold mine, is close to securing enough funding from a new strategic investor. Cecilia Jamasmie | October 16, 2023 | 5:43 am
Egyptian tycoon eyes stake in Barrick’s Reko Diq project Egypt's second wealthiest person Naguib Sawiris says the potential investment would allow him to expand his business in Pakistan. Cecilia Jamasmie | October 16, 2023 | 3:53 am
Rinehart closer to blocking Albemarle’s takeover of Liontown Hancock Prospecting now owns 16.7% of Liontown, which makes it the company’s largest shareholder. Cecilia Jamasmie | October 6, 2023 | 5:53 am
Strike at Newmont’s Peñaquito mine ends with 8% pay raise Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day. Cecilia Jamasmie | October 6, 2023 | 3:50 am