Evolution Mining to buy 80% stake in NorthparkesEvolution agreed to buy the stake for $400 million in cash and a copper price-linked contingent consideration of up to $75 million.Reuters | December 4, 2023 | 2:42 pm
Rio Tinto approves $77 million for Rhodes Ridge project developmentRhodes Ridge is one of the world’s best undeveloped iron…Reuters | December 4, 2023 | 2:39 pm
Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023The company expects a global nickel surplus of more than…Reuters | December 4, 2023 | 10:06 am
Loulo-Gounkoto to keep going for years to come – Barrick CEO Barrick said that the development of a third underground mine at the Loulo-Gounkoto complex is on track to start ore production from stoping in the second quarter of 2023. Staff Writer | January 29, 2023 | 11:41 am
Scholz visits South America in race with China for lithium Olaf Scholz hopes his trip to Latin America will help secure the lithium supplies that Mercedes-Benz and Volkswagen need. Bloomberg News | January 29, 2023 | 10:11 am
Rio Tinto has lost radioactive capsule in West Australian desert Rio and the Australian government are attempting to find a 6-8mm widget that contains a small amount caesium-137. Bloomberg News | January 29, 2023 | 9:56 am
Brazil govt eyes compensation deal for 2015 Vale-BHP dam burst Brazil's Institutional Relations minister on Friday said the government would try to ink a deal "as soon as possible" to compensate victims. Reuters | January 27, 2023 | 10:19 am
Fortuna Silver trims Yaramoko reserve estimate after evaluation, drill work The Yaramoko project was acquired by Fortuna in July 2021 as part of its takeover of Roxgold. Staff Writer | January 27, 2023 | 9:34 am
TotalEnergies buys extra Canada oil sands project stake, squeezing Suncor On Friday TotalEnergies announced it will acquire an extra 6.65% stake in Fort Hills Reuters | January 27, 2023 | 8:22 am
Vedanta profit plummets 41% on soft metal prices Prices of zinc, aluminum have fallen from their peaks by over 15% in 2022 from a year earlier. Reuters | January 27, 2023 | 7:55 am
Plug Power scraps electrolyser plant partnership with Fortescue The project, announced in October 2021, is a key plank in Fortescue's ambition to become a major green energy company. Reuters | January 26, 2023 | 5:16 pm
Fortescue’s Iron Bridge to begin production this quarter; Q2 shipments rise The Iron Bridge Magnetite project, which has been a major plank of the miner's growth strategy, has faced multiple cost blow outs and delays. Reuters | January 26, 2023 | 3:34 pm