Saudi Arabia earmarks $182 million for minerals exploration in mining pushThe Gulf state has revised upwards estimates for its untapped mineral resources to $2.5 trillion.Reuters | January 10, 2024 | 8:12 am
Union members stage demonstration at First Quantum’s Panama mineWhile the objectives of the demonstration were unclear, it’s the…Bloomberg News | January 9, 2024 | 2:19 pm
Norway approves deep sea mining in Arctic OceanThe bill, voted 80-20 by lawmakers on Tuesday, allows commercial…Cecilia Jamasmie | January 9, 2024 | 9:35 am
Newcrest CEO says ball in Newmont’s camp in takeover talks “The company is not up for sale and this was unsolicited,” Sherry Duhe said in an interview with Bloomberg. Bloomberg News | February 16, 2023 | 9:26 am
Newcrest to trial 4G LTE, 5G technologies underground at Cadia Valley This announcement follows previous engagements with Ericsson and Telstra to trial private 4G LTE at the Lihir mine and more recently for surface operations at Cadia. Staff Writer | February 16, 2023 | 9:12 am
Copper price rebounds on Chinese demand revival hopes "The demand is bad but the outlook is good." MINING.COM Staff Writer | February 16, 2023 | 8:55 am
Teck said to plan coal spinoff to focus on metals The miner is expected to make an announcement on the spinoff as early as next week. Bloomberg News | February 16, 2023 | 7:41 am
Mitsubishi Materials targets more mines to triple copper output by 2030 Company is also considering mergers and acquisitions in rare earth and lithium-ion battery recycling. Reuters | February 16, 2023 | 7:05 am
Barrick CEO calls recent takeover wave ‘over the top’ "We’re not shy on doing deals that create value for our stakeholders, but we are guided very clearly by our investment focus," Bristow said. Bloomberg News | February 16, 2023 | 5:22 am
Glencore to sell 23% stake in Peruvian miner Volcan The sale of the silver-zinc producer, which has five operating mines, is part of Glencore's efforts to further simplify the business. Cecilia Jamasmie | February 16, 2023 | 3:44 am
South32 half-year profit falls on easing commodity prices Underlying earnings for the six months ended Dec. 31 was $560 million, compared with $1 billion in the previous corresponding period. Reuters | February 15, 2023 | 2:14 pm
Newcrest rebuffs Newmont offer, opens books as profit beats expectations Insights from analysts and shareholders suggest that Newmont will need to make another improved bid. Reuters | February 15, 2023 | 1:38 pm