Agnico releases PEA for underground development at Detour Lake, invests $100 millionAgnico is basing its underground plans on an indicated resource of 1.2 million oz. gold and an inferred resource of 7.1 million oz. gold in-situ.Marilyn Scales - Canadian Mining Journal | June 19, 2024 | 10:49 am
JCHX closes in on Zambian copper mine deal as China tightens Africa gripThe deal to buy an 80% stake in Zambia's Lubambe…Reuters | June 19, 2024 | 9:33 am
US-based Capital Group sells Fortescue shares worth $489 millionShares of the world's fourth-largest iron ore miner have fallen…Reuters | June 19, 2024 | 7:30 am
South32 CEO Kerr says open to buying joint Anglo American manganese assets South32 has been one of the most active miners in buying and selling assets. Reuters | May 23, 2024 | 7:16 am
SQM swings to $870 million loss on sinking prices, tax ruling Data from Benchmark Mineral Intelligence suggests that global prices have fallen by more than 80%, dragged by weaker demand for EVs. Reuters | May 23, 2024 | 7:10 am
Nornickel board proposes no dividend for 2023 results Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023. Reuters | May 23, 2024 | 7:05 am
First Quantum seeks to speed up Peru projects after Panama debacle The miner controls the La Granja project, worth at least $2.5 billion, and the $1.86 billion Haquira project. Reuters | May 22, 2024 | 3:24 pm
Southern Copper aims to boost Peru output by 520,000t in 8-10 years Southern Copper operates the Cuajone and Toquepala mines in Peru. Reuters | May 22, 2024 | 12:16 pm
Glencore, Rusal extend aluminum supply contract into 2025 Glencore 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 mine Iamgold will look to buy back a 9.7% interest in Côté from Sumitomo. Staff Writer | May 22, 2024 | 10:58 am
Fortescue excluded from world’s biggest hydropower plant development The Grand Inga has long faced headwinds because of Congo’s history of corruption and the expected cost of the multiphase project. Bloomberg News | May 22, 2024 | 9:38 am
Harmony Gold reports fatality at South Africa mine At least 54 workers died in mining-related accidents in South Africa last year. Reuters | May 22, 2024 | 8:16 am