Antofagasta slashes annual dividend after profit falls Antofagasta declared a final dividend of 50.5 cents per share for investors. Reuters | February 21, 2023 | 7:25 am
Uganda to set up state mining firm, take equity in licences Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates. Reuters | February 21, 2023 | 7:10 am
Sibanye-Stillwater goes after Australia’s New Century Resources The off-market takeover bid by Sibanye values the zinc miner at A$144.1 million ($99.54 million). Cecilia Jamasmie | February 21, 2023 | 5:38 am
Teck Resources to become Teck Metals as it spins off coal unit Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd. Cecilia Jamasmie | February 21, 2023 | 3:38 am
India opposes Vedanta’s $3bn zinc assets sale, rekindling debt worries The Ministry of Mines urged Hindustan Zinc to "explore other cashless methods" to acquire the assets. Reuters | February 20, 2023 | 9:03 am
Deep-sea mining would impact ecosystems beyond those in targeted areas – report Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away. Staff Writer | February 20, 2023 | 5:05 am
Rambler pauses copper-gold mine in Newfoundland amid financial restructuring talks Earlier this month, the company also defaulted on its gold purchase and sale agreement with Elemental Altus Royalties. Staff Writer | February 19, 2023 | 10:33 am
First Quantum sets Feb. 23 as date to halt Panama operations amid dispute Company approaches a "critical point" of copper storage capacity after the government suspended its loading permissions at a port. Reuters | February 17, 2023 | 2:14 pm
Ecuador mining export revenues jump nearly 33% in 2022 The Andean nation has abundant mineral reserves, but has lagged regional neighbors like Peru and Chile in large-scale mining development. Reuters | February 17, 2023 | 1:24 pm