Lure of Anglo’s copper mines could test BHP’s spending resolve BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline. Reuters | December 20, 2024 | 5:00 am
Orano launches arbitration against Niger over mining licence The French nuclear fuels company move comes in response to Niger's cancellation of Orano's subsidiary mining licence. Reuters | December 20, 2024 | 4:26 am
Earth AI finds gold near Willow Glen molybdenum project It has found its first gold system with the help of AI, making mineral exploration faster, more accurate, and cheaper. Staff Writer | December 20, 2024 | 4:01 am
Petra Diamonds cuts forecasts, jobs amid market weakness Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year. Cecilia Jamasmie | December 20, 2024 | 3:57 am
Asante nets $500m forward purchase deal for gold produced at Bibiani The Vancouver-based gold miner said it expects gold production at Bibiani to exceed 15,000 oz. per month by mid-year. Staff Writer | December 19, 2024 | 1:57 pm
Panama president sees no environmental threat from copper at closed First Quantum mine Environmentalists as well as mining companies had raised concerns over risks from leaving the copper on site. Reuters | December 19, 2024 | 10:31 am
Antamina names Adolfo Heeren as new CEO Heeren, the current CEO of Anglo American in Peru, will start his new role on February 1, 2025. Reuters | December 19, 2024 | 10:12 am
Mercuria partners with Zambia on metals trading venture The joint venture will buy and sell copper domestically and for export, and over time will take responsibility for trading Zambia’s share of copper output from mines. Bloomberg News | December 19, 2024 | 10:05 am
Silver Mountain receives go-ahead to restart Reliquias mine in Peru Once restarted, the Reliquias project would deliver approximately 2.2 million oz. of silver-equivalent production annually over a nine-year life. Staff Writer | December 19, 2024 | 9:54 am