Biden unveils $600 million in new financing for African railwayWhile in Lobito, Biden toured the port and met with companies investing in the project.Bloomberg News | December 4, 2024 | 7:16 am
Sierra Metals’ Yauricocha mine in Peru reaches full production The underground copper-gold-silver mine now processes 3,600 tonnes of ore…Staff Writer | December 4, 2024 | 5:57 am
Rio Tinto sells copper mine stake to Sumitomo for $399 millionSumitomo is slated to acquire a 30% equity share of…Bloomberg News | December 3, 2024 | 2:33 pm
Troilus Gold advances project financing with additional LOIs for $500m In May, the company produced a feasibility study that demonstrated the potential for Troilus to be amongst the largest gold producers in Canada. Staff Writer | November 19, 2024 | 9:08 am
Mitsui said to be top bidder for First Quantum mines stake The Japanese company is considering buying a roughly 20% interest in the Sentinel and Kansanshi mines. Bloomberg News | November 19, 2024 | 7:04 am
Glencore strikes deal to test copper technology at Chilean mine Glencore’s Lomas Bayas mine agreed to begin on-site testing at scale of a leaching process developed by Ceibo. Bloomberg News | November 19, 2024 | 6:57 am
BHP to spend up to $14 billion on Chilean copper expansion BHP plans to invest $7.3 billion to $9.8 billion in new projects at its Escondida mine alone, starting in 2028. Cecilia Jamasmie | November 19, 2024 | 6:19 am
US Gold clears final hurdle for mine permit in Wyoming, PFS work underway The company says the optimized PFS could be released as soon as the end of this year. Staff Writer | November 18, 2024 | 7:56 am
US House of Representatives approves 2024 Critical Mineral Consistency Act The bill modifies the Energy Act of 2020 to expand the definition of critical minerals. Staff Writer | November 15, 2024 | 2:21 pm
Ecuador court gives green light for Silvercorp, Salazar’s El Domo project The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil. Henry Lazenby - The Northern Miner | November 15, 2024 | 11:43 am
Osisko Metals shares rise on resource boost at Gaspé copper project A minimum 70,000 meter drill program is now planned for 2025. Staff Writer | November 15, 2024 | 9:40 am
Aluminum price soars as China cancels tax incentive on exports The export tax rebate was also removed for copper and lowered for some refined oil, solar, battery and non-metallic mineral products. Bloomberg News | November 15, 2024 | 7:56 am