Glencore, Rusal extend aluminum supply contract into 2025Glencore is legally bound to continue the contract because Rusal has not been directly targeted by Western sanctions.Reuters | May 22, 2024 | 11:15 am
Iamgold arranges $300 million financing to restore stake in Côté mineIamgold will look to buy back a 9.7% interest in…Staff Writer | May 22, 2024 | 10:58 am
Harmony Gold reports fatality at South Africa mineAt least 54 workers died in mining-related accidents in South…Reuters | May 22, 2024 | 8:16 am
Glencore’s Lomas Bayas transfers water rights to Chilean farming community Minera Lomas Bayas in Chile transferred water rights on the Loa River to the Calama Farmers Association. Staff Writer | January 21, 2024 | 7:59 am
Lula pushes ally for Vale CEO as Brazil’s iron ore miner weighs succession Political lobbying as much as boardroom maneuvering could determine who wins the race to become the next boss of Vale SA. Bloomberg News | January 20, 2024 | 1:58 pm
Brazil negotiates mining investments with Saudi Arabia – minister The two countries are in discussions over investments in sustainable mining and energy transition, as stated by the Brazilian Minister of Mines and Energy. Staff Writer | January 19, 2024 | 9:34 am
First Quantum Minerals exploring rights issue to ease debt The company has also hired BMO Capital markets to sell some of its smaller mines such as Las Cruces in Spain. Reuters | January 19, 2024 | 7:55 am
Codelco reaches agreement with Minster Hales mine supervisors Ministro Hales suffered a pit wall collapse at the end of 2021, a situation that's still impacting the mine's operations. Reuters | January 19, 2024 | 6:26 am
Barrick Gold denies meeting First Quantum in Panama The gold miner said Pueblo Viejo's president, Juana Barceló, did not travel to Panama or meet with First Quantum officials. Cecilia Jamasmie | January 19, 2024 | 5:18 am
Codelco to invest $720 million more in Chuquicamata copper mine Chuquicamata Subterranea is an ambitious project to extend the open-pit copper mine's lifespan. Reuters | January 18, 2024 | 12:53 pm
Endeavour Mining says fired CEO to lose $29.1 million in pay The gold mining company said Thursday in a statement that de Montessus will forfeit pay, stock awards and other benefits. Bloomberg News | January 18, 2024 | 12:23 pm
Centamin annual gold production meets guidance, revenue rises The miner achieved a gold production of 450,058 ounces in 2023 and successfully met its annual guidance for the third consecutive year. Staff Writer | January 18, 2024 | 9:31 am