Sibanye falls to $2 billion loss, weighs capital raise if metal prices worsenCEO Neal Froneman said Sibanye may consider a capital raise if the lower metal prices persist for longer.Reuters | March 5, 2024 | 7:21 am
Barrick cuts cyanide by 80% by adding glycine leach for gold recoveryIn 2023, Barrick rolled out a global testing and implementation…Staff Writer | March 4, 2024 | 11:16 am
BHP inks tentative sales deals for giant Jansen potash projectIn October, it announced a $4.9 billion investment in Stage…Staff Writer | March 4, 2024 | 7:23 am
Lynas to withdraw court request to review Malaysia licence conditions Lynas earlier this year approached a Malaysian court to review its licence after the government barred it from importing and processing lanthanide concentrate from January 2024. Reuters | November 8, 2023 | 9:56 am
Billionaire Forrest wants leaders to target zero carbon by 2035 The executive said Fortescue’s board would meet over the next two weeks to discuss potential hydrogen or ammonia projects. Bloomberg News | November 8, 2023 | 7:49 am
Rio Tinto, Codelco partner to find more copper in Chile Through their Nuevo Cobre joint venture, the miners will explore and potentially develop copper assets in the top producing country. Cecilia Jamasmie | November 8, 2023 | 6:13 am
Agnico becomes premium sponsor of CEEC International and Global Water Initiative The Global Water Initiative is set to officially launch at MetPlant on Nov. 5-8 in Adelaide, South Australia. Staff Writer | November 7, 2023 | 11:06 am
Copper, cobalt supplies from Congo stranded by truckers’ strike Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi. Reuters | November 7, 2023 | 8:16 am
Impala Platinum starts voluntary job cuts at South Africa mines The price for palladium has plunged nearly 40% so far this year while primary metal platinum is down 14%. Reuters | November 7, 2023 | 7:08 am
Gold price could see new highs if Middle East conflict worsens, says Newmont CEO Spot gold has risen nearly 10% since the war broke out. Staff Writer | November 6, 2023 | 11:15 am
Newmont to sell mines after Newcrest acquisition The largest takeover in the mining industry this year was completed on Monday. Cecilia Jamasmie | November 6, 2023 | 9:59 am
Billionaire-owned Vedanta seals Zambian copper assets deal Vedanta and the Zambian government have sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines. Reuters | November 6, 2023 | 9:20 am