Gold Fields adopts space technology to boost exploration in Chile

It will apply Australia’s Fleet Space technology to boost exploration efforts at its Salares Norte gold mine in northern Chile.

Cecilia Jamasmie | October 2, 2024 | 7:55 am

Lack of capital rises to top risk in EY mining survey

Mining companies are seeking a wider range of capital sources, while companies are also considering partnerships or JVs to help reduce risks and financing requirements.

Blair McBride - The Northern Miner | October 2, 2024 | 7:26 am

Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline

Traders said that the incident could tighten supplies in the cobalt market.

Reuters | October 2, 2024 | 7:05 am

LME monitors tightness in aluminum market after spike in spread

The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.

Reuters | October 2, 2024 | 7:02 am

Canada reviewing Paladin’s Fission Uranium takeover on national security grounds

Paladin is awaiting a final court order and clearance under the Investment Canada Act to move ahead with the deal.

Cecilia Jamasmie | October 2, 2024 | 6:43 am

Uganda sets up state-owned firm to take stakes in mining operations

All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses.

Reuters | October 2, 2024 | 4:16 am

Iamgold closer to buying back 9.7% stake in Côté gold mine

The gold mine is currently owned as a joint venture set in December 2022 with Sumitomo, which lent Iamgold funds to complete the project.

Cecilia Jamasmie | October 2, 2024 | 3:53 am

A bitter feud risks ripping apart an $11 billion metals empire

A spat between two wealthy South Korean families over the future of a zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.

Bloomberg News | October 1, 2024 | 5:23 pm