Vale acquires Oman’s OQ 30% stake in Vale Oman OQ, formerly known as Oman Oil Company, bought the stake from Vale in 2010. Reuters | February 14, 2023 | 6:49 am
Bluejay Mining pulls demerger plan, aims to raise $6 million It said the spinoff of its battery and critical metals exploration unit, Disko Exploration, is no longer considered the right strategy. Cecilia Jamasmie | February 14, 2023 | 6:49 am
Researchers find subterranean pharmacy in limestone caves A study on moonmilk led to the discovery of a compound active against superbugs. Staff Writer | February 14, 2023 | 3:45 am
Gemfields evacuates exploration camp in Mozambique after attack The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village. Cecilia Jamasmie | February 14, 2023 | 3:43 am
BYD to build $1.2bn EV battery plant in central China The Chinese company's battery unit is aiming to build a facility with the capacity to produce 40 gigawatt hours per year of its Blade Battery. Reuters | February 13, 2023 | 7:21 pm
ATAC board rebuffs Victoria Gold takeover bid The all-scrip deal values ATAC at $18.7 million. Henry Lazenby | February 13, 2023 | 4:15 pm
Lynas’ Malaysia rare earths plant faces part closure as regulator keeps curbs Lynas will need to close the cracking and leaching part of its rare earths processing plant if the conditions are not removed before July 1. Reuters | February 13, 2023 | 2:38 pm
Karora grows gold resources at Beta Hunt mine in Australia The updated measured and indicated resource totalled 1.35 million gold ounces, representing a 20% increase over the previous estimate. Staff Writer | February 13, 2023 | 1:08 pm
Freeport-McMoRan cuts forecast after floods damage Indonesia’s Grasberg mine Freeport now expects its Q1 sales to be lower than the previous outlook of 900 million pounds of copper and 300,000 ounces of gold. Reuters | February 13, 2023 | 11:13 am
