Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreementUnder the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo.Reuters | March 14, 2024 | 12:50 pm
Queen’s University, UBC, unveil C$2 million Don Lindsay Teck Award in mining engineeringThe endowments will generate annual renewable scholarships at each university,…Staff Writer | March 14, 2024 | 6:56 am
Albemarle to auction lithium as part of push for price transparencyThe first auction is planned for March 26.Reuters | March 13, 2024 | 5:24 pm
Solitario Resources stock lifted by Newmont investment Newmont has become its largest controlling shareholder following a $1.8m investment. Staff Writer | August 2, 2023 | 4:21 pm
Albemarle boosts profit forecast on surging lithium demand, shares jump The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share. Reuters | August 2, 2023 | 1:47 pm
Jaguar Mining buys IAMGOLD’s Brazilian assets for $9 million Jaguar's principal operating assets are currently all located within the Iron Quadrangle, a prolific greenstone belt in Minas Gerais. Staff Writer | August 2, 2023 | 9:00 am
Trafigura’s $600 million cobalt play faces cash crunch in Congo Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud. Bloomberg News | August 2, 2023 | 7:42 am
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
Chile fines Lundin mine $9 million for environmental infractions The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations. Reuters | August 1, 2023 | 3:29 pm
Barrick reiterates 2028 first production for Reko Diq project in Pakistan The project has been over a decade in the making and is said to boast world’s largest undeveloped copper-gold deposits. Staff Writer | August 1, 2023 | 12:02 pm
Mexico says trade deal does not apply in Grupo Mexico mine labor dispute A Mexican court ruled in favor of the workers' union in June, ordering Grupo Mexico to pay back wages and benefits. Reuters | August 1, 2023 | 11:29 am
Equinox calls Greenstone 85% complete, first gold pour in 2024 The project will be one of Canada’s largest gold projects, producing more than 5.0 million oz. of gold over its initial 14-year mine life. Staff Writer | August 1, 2023 | 10:04 am