Newcrest CEO leaves Australia’s top gold miner Chief financial officer Sherry Duhe has become Newcrest’s interim chief executive while the company searches for a new leader. Cecilia Jamasmie | December 19, 2022 | 3:26 am
Rio Tinto secures direct control of Oyu Tolgoi mine Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia. Cecilia Jamasmie | December 16, 2022 | 7:09 am
Panama to shut down First Quantum’s giant copper mine Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine. Cecilia Jamasmie | December 16, 2022 | 3:41 am
Barrick Gold to go ahead with $7bn Reko Diq project in Pakistan Top court has cleared the path for Barrick Gold to build the massive Reko Diq copper-gold mine. Cecilia Jamasmie | December 15, 2022 | 9:58 am
Eldorado Gold board okays Skouries gold-copper project restart Eldorado’s focus now shifts to project execution, with first production at the mine expected in the second half of 2025. Cecilia Jamasmie | December 15, 2022 | 6:47 am
Fortescue ups stake in Candente Copper with $2.9m investment The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru. Cecilia Jamasmie | December 15, 2022 | 3:50 am
Gates, Bezos-backed KoBold Metals to build copper-cobalt mine in Zambia The Mingomba deposit hosts average copper grades about six times higher than those found in Chile, the world’s top producer. Cecilia Jamasmie | December 14, 2022 | 6:16 am
Albemarle to build $180m US lithium research centre The lithium giant anticipates creating at least 200 jobs at the site, with an average salary of $94,000 per year. Cecilia Jamasmie | December 14, 2022 | 3:53 am
Rio Tinto hunts for lithium deals, eyes Jadar revival Lithium prices, expected to stay at record highs, have the world’s second-biggest miner actively looking for lithium acquisitions. Cecilia Jamasmie | December 13, 2022 | 6:38 am
Gold Fields CEO Griffith leaves after failed Yamana takeover Martin Preece, who runs the company’s South Deep gold mine in South Africa, will take on the role of interim CEO while the board searches for a new boss. Cecilia Jamasmie | December 13, 2022 | 3:25 am