Sibanye-Stillwater cuts about 300 US platinum jobs to lower costs

The precious metals producer will have to let go about 100 employees and approximately 187 contract workers.

Cecilia Jamasmie | November 29, 2023 | 6:22 am

Rio Tinto sells stake in Canadian diamond project, ups interest in copper

Rio Tinto sold its 75% interest in the Fort à la Corne diamond project in Saskatchewan, and is increasing its stake in a Yukon copper firm.

Cecilia Jamasmie | November 29, 2023 | 4:09 am

First Quantum has already notified its intention of taking the Central American nation to an international court for arbitration.

Cecilia Jamasmie | November 28, 2023 | 3:05 am

The Canadian miner has been granted exploration rights over an area the size of Switzerland for an initial period of five years.

Cecilia Jamasmie | November 27, 2023 | 5:45 am

IGO's board is siding with its CEO-elect Ivan Vella after concluding no information was compromised as a result of his actions.

Cecilia Jamasmie | November 27, 2023 | 3:45 am

Funding for up to ten research projects, including topics such as new brine extraction methods, will be awarded in mid-2024.

Cecilia Jamasmie | November 24, 2023 | 9:23 am

The Supreme Court of Panama is expected to rule on several constitutional challenges to the contract signed by the Canadian miner.

Cecilia Jamasmie | November 24, 2023 | 5:23 am

The $1.1 billion expansion plan is set to increase the mine's throughput capacity to 36 million tonnes per year by the final quarter of 2024.

Cecilia Jamasmie | November 23, 2023 | 8:53 am

The improved bid values OreCorp at $170m and follows rumors of influential shareholders being unhappy with the original offer.

Cecilia Jamasmie | November 23, 2023 | 4:08 am