Rio Tinto buys Arcadium for $6.7 billion cash

Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.

Cecilia Jamasmie | October 8, 2024 | 11:21 pm

Underground operations are expected to begin from 2028, extending the mine’s life to 2042 and delivering about 186,00 ounces of gold a year.

Reuters | October 8, 2024 | 10:59 pm

The Pampa Medina project consists of 4 mining concessions near the planned processing site of the Marimaca oxide deposit.

Staff Writer | October 8, 2024 | 2:46 pm

Barrick has prioritized growth investments with shareholder returns and loan retirements, distributing $5 billion and cutting debt by $3.5 billion.

Northern Miner Staff | October 8, 2024 | 2:03 pm

The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists.

Reuters | October 8, 2024 | 11:11 am

A total of four companies -- three focused on lithium and one on copper -- have been named the recipients of the funding.

Staff Writer | October 8, 2024 | 10:14 am

The metal company, which retains a 30% stake in Caserones, plans to remain in mining and smelting to secure essential metals.

Reuters | October 8, 2024 | 9:23 am

More than 90% of the company's emissions come from thermal energy.

Reuters | October 8, 2024 | 9:13 am

Trigon restarted production at Kombat in 2022.

Blair McBride - The Northern Miner | October 8, 2024 | 9:10 am

Glencore said to weigh selling stake in Kazakh miner Kazzinc