Arras Minerals joins forces with Teck to explore critical minerals in KazakhstanTeck made its first investment into Arras last November by acquiring a 9.9% stake.Staff Writer | December 7, 2023 | 9:35 am
Anglo American preps sweeping cost cuts as price rout bitesA rapid and precipitous plunge in palladium and rhodium has…Reuters | December 7, 2023 | 8:43 am
China’s CMOC says geopolitics helped drive Australia saleCMOC agreed earlier this week to sell its 80% stake…Bloomberg News | December 7, 2023 | 7:00 am
MAG Silver’s Juanicipio project in Mexico enters commercial production The underground mine, located in the Fresnillo silver trend of Mexico, is owned 44% by MAG and 56% by Fresnillo plc, its operator. Staff Writer | June 5, 2023 | 9:12 am
Polymetal considers divestment of Russian business The gold and silver producer said move would follow the resignation of senior managers from Russia-related duties after US sanctions. Reuters | June 5, 2023 | 4:01 am
Operations at Zijin Colombia mine partially halted after attacks The mine, a top producer of gold in the Andean country, has suffered two attacks over the last two weeks. Reuters | June 2, 2023 | 12:50 pm
Rio Tinto’s Boron mine in California becomes first to switch to renewable diesel Swap from conventional to renewable diesel brings an anticipated CO2 reduction equivalent to axing annual emissions of about 9,600 cars. Cecilia Jamasmie | June 2, 2023 | 8:25 am
Teck’s attempt to gain CIC support for coal split hits wall — report The miner is reportedly finding it difficult to secure the support of top shareholder China Investment Corporation for a plan to exit coal. Cecilia Jamasmie | June 2, 2023 | 3:41 am
Fortescue Metals appoints Christine Morris as CFO Most recently, Morris served as the finance chief of Maersk Drilling. Reuters | June 1, 2023 | 5:31 pm
Rio Tinto to invest $395 million in Pilbara desalination plant Construction is expected to start in 2024 and the facility will be operational and producing water in 2026. Reuters | June 1, 2023 | 5:23 pm
Lundin backs Filo del Sol project in Argentina by joining $75m placement The Lundin Family Trusts will subscribe for up to C$70 million of the shares, and the BHP Group will subscribe for up to C$30 million. Staff Writer | June 1, 2023 | 8:55 am
Newmont to invest $540 million in Cerro Negro mine in Argentina Last year, Cerro Negro generated more than $500 million in exports. Bloomberg News | June 1, 2023 | 8:12 am