OceanaGold prices $106 million IPO of Philippine unit OceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines. Reuters | April 24, 2024 | 12:39 am
China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional The Chinese gold miner last week increased its offer to A$0.68 per share from A$0.58. Reuters | April 24, 2024 | 12:22 am
MinRes stalls lithium growth, awaits higher prices Prices have tanked around 85% over the past 18 months to bottom in the quarter to March 31. Reuters | April 24, 2024 | 12:19 am
First Quantum Minerals cuts debt by over $1bn in first quarter The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt. Reuters | April 23, 2024 | 7:05 pm
Gold’s record-setting rally may have its roots in Chinese frenzy Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures Exchange. Bloomberg News | April 23, 2024 | 5:11 pm
Five Eyes countries working to fight critical minerals dumping, Canada minister says Alliance partners are working on putting forward a response to tackle the price manipulation of critical metals. Reuters | April 23, 2024 | 4:52 pm
ESG Watch: Why climate change is leaving mining firms between a rock and a hard place By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%. Reuters | April 23, 2024 | 4:40 pm
Fortescue iron ore shipments fall short after derailment The world's fourth-largest iron ore miner said it shipped 43.3 million tonnes of the steel-making commodity in the three months ended March 31. Reuters | April 23, 2024 | 4:16 pm
Lynas Rare Earths’ revenue slumps, misses expectations The firm's quarterly sales revenue fell to A$101.2 million ($65.64 million) in the three months to March 31. Reuters | April 23, 2024 | 4:13 pm