Polymetal plans to sell Russian assets under sanctions in 6-9 months The company had planned to separate its Russian and Kazakh businesses. Reuters | August 9, 2023 | 10:16 am
Ecuador’s President asks court to resume environmental consultations Popular referendums, halted since last week, are a necessary step for any mining company hoping to obtain an environmental license in Ecuador. Cecilia Jamasmie | August 9, 2023 | 9:55 am
Gerdau reveals details of its $653 million investment plan in Brazil SRK has certified the presence of 476 million metric tons of proven and probable iron ore reserves in the Miguel Burnier mine. Staff Writer | August 9, 2023 | 9:44 am
Lucara reports fourth diamond recovery north of 1,000 carats The diamond, measuring 82.2 x 42.8 x 34.2 mm, is described as a type IIa top-white gem of high quality. Staff Writer | August 9, 2023 | 8:30 am
Perpetua reaches final settlement to resolve Clean Water Act lawsuit The agreement provides for total payments of $5 million by Perpetua over a four-year period. Staff Writer | August 9, 2023 | 8:22 am
Newcrest leftovers don’t appeal to Australia’s top gold miners Newmont is widely expected by sector executives to sell the two Newcrest-operated mines in Western Australia. Bloomberg News | August 9, 2023 | 7:46 am
China’s refined tin output drops 13% on-month Production at 21 smelters with a total capacity of 320,000 metric tons was at 13,428 metric tons last month. Reuters | August 9, 2023 | 7:31 am
Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions. Reuters | August 9, 2023 | 7:28 am
Nanoscale gold tattoos may provide early warnings of health problems Gold tattoos get scientists closer to tracking the health of individual cells. Staff Writer | August 9, 2023 | 6:06 am