Tianqi says Chile regulator decision has no major impact to 2024 financial result Chile's financial regulator said the Codelco-SQM joint venture does not need to face a vote by SQM shareholders. Reuters | June 19, 2024 | 7:33 am
US-based Capital Group sells Fortescue shares worth $489 million Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year. Reuters | June 19, 2024 | 7:30 am
Gemfields fetches almost $69 million at ruby auction The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique. Cecilia Jamasmie | June 19, 2024 | 5:36 am
Mineral Resources to shut Yilgarn iron ore hub The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub. Cecilia Jamasmie | June 19, 2024 | 3:55 am
Carson Block raises money to bet on rising metals and mining stocks Earlier this year, Block’s firm set up a long-only fund, Muddy Waters New World Order Fund, to invest in Vietnam. Bloomberg News | June 18, 2024 | 5:46 pm
Another report calls out red tape in Canada’s resource sector C.D. Howe Institute warns that long timelines for major project approvals of up to 10 years scare away investors and delay projects. Henry Lazenby - The Northern Miner | June 18, 2024 | 3:21 pm
Codelco-SQM lithium deal can proceed without shareholder approval, regulator says Tianqi, which holds about 22% of SQM shares, has repeatedly called for a vote by all shareholders. Reuters | June 18, 2024 | 2:09 pm
Coast Copper doubles size of Sully property near former Teck mine The Cominco/Teck-operated Sullivan mine was once a major producer of base metals. Staff Writer | June 18, 2024 | 1:52 pm
McEwen Mining raises $22 million to fund Fox Complex exploration in Ontario The Fox Complex comprises several mine properties covering 70 sq.km. along the Destor-Porcupine fault, also known as the ‘Golden Highway’. Staff Writer | June 18, 2024 | 1:49 pm