SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor acquisition The miner announced the acquisition of CC&V in Colorado from Newmont on Friday. Staff Writer | December 6, 2024 | 8:03 am
Botswana faces worst downturn since 2020 as diamond sales slump Botswana’s economy may contract by 1.7% this year due to a prolonged downturn in diamond sales. Bloomberg News | December 6, 2024 | 7:08 am
Adani smelter expansion will cut India’s refined copper imports, government says Kutch Copper has already started operations and is expected to reach full capacity by February-March next year. Reuters | December 6, 2024 | 7:04 am
Mining People: M3 Metals, Nickel 28, Pasofino, Teck, Osisko Development Key moves in the mining sector. Staff Writer | December 6, 2024 | 6:06 am
Wheaton strikes $175m streaming deal for Ethiopia’s first commercial gold mine The mine operator, Allied Gold, said the funds cover Kurmuk's first development phase, with production expected in mid-2026. Cecilia Jamasmie | December 6, 2024 | 3:58 am
Friend to foe: Mali wants to arrest CEO who made it billions In Mali and beyond, Bristow has established a reputation for thriving in African jurisdictions considered overly risky by many rivals. Bloomberg News | December 6, 2024 | 3:26 am
Rio Tinto’s abandoned Panguna copper mine still a threat, report says Panguna, which was operated by Rio subsidiary Bougainville Copper, was once one of the world’s largest copper mines. Bloomberg News | December 5, 2024 | 5:13 pm
Vale Base Metals to make dozens of job cuts in management cull The move marks the first major overhaul since Shaun Usmar joined Vale Base Metals as chief executive officer. Bloomberg News | December 5, 2024 | 3:05 pm
Budget allocated to grassroots exploration at all-time low – S&P Global S&P analyst says explorers are transitioning to a more risk-averse stance, with increased focus on existing mines. Staff Writer | December 5, 2024 | 2:51 pm
