MinRes backs out of Chinese investment deal with Albemarle Billion-dollar deal that would have seen MinRes acquire a stake in downstream assets in China owned by Albemarle. Cecilia Jamasmie | July 20, 2023 | 3:46 am
Rio Tinto flags cost hike at Argentina lithium project Rio Tinto’s $140 million estimate and schedule for the starter plant at Rincon lithium project are under review due to cost escalation. Cecilia Jamasmie | July 19, 2023 | 5:03 am
Tata Group to build $5 billion gigafactory in the UK Tata's first gigafactory outside of India will supply locally-made batteries to the company's its Jaguar Land Rover factories. Cecilia Jamasmie | July 19, 2023 | 3:53 am
Canada’s regulator clears Newmont’s acquisition of Newcrest The world’s largest gold miner is also progressing towards receiving regulatory approvals in other jurisdictions, with a transaction close expected in the fourth quarter of the year. Cecilia Jamasmie | July 18, 2023 | 7:32 am
Petra Diamonds misses production target for 2023 on lower grades It produced 2.67 million carats for the year to June 2023, down by 20% from fiscal 2022 and below its guidance of 2.75-2.85 million carats. Cecilia Jamasmie | July 18, 2023 | 3:41 am
SolGold’s Cascabel copper project license renewed for 25 years A PFS shows the Ecuador asset has the potential to become one of the 20 largest copper-gold mines in South America. Cecilia Jamasmie | July 17, 2023 | 8:53 am
Rainbow, Mosaic partner on rare earths extraction in Brazil They expect to produce a preliminary economic assessment of the opportunity to extract rare earths from from Mosaic’s phosphogypsum stack. Cecilia Jamasmie | July 17, 2023 | 5:33 am
Rio Tinto grabs stake in graphite-focused Sovereign Metals Rio Tinto's move marks its first public step into the graphite sector, as it continues to boost its exposure to battery minerals. Cecilia Jamasmie | July 17, 2023 | 3:53 am
Lundin Mining becomes majority owner of Caserones copper mine Lundin plans to take its 51% stake in Caserones to 70% in a year and is looking at underground expansion at its nearby Candelaria mine. Cecilia Jamasmie | July 14, 2023 | 7:02 am
Savannah Resources raises $8m for Portugal lithium project Funding allows it to move forward with its Barroso lithium project, slated to be western Europe’s largest mine of the battery metal. Cecilia Jamasmie | July 14, 2023 | 3:58 am
