MINING.COM

ABB to deliver world’s largest production capacity mine hoist to BHP’s Jansen project

The Jansen project aims to become the largest potash mine in the world.

Staff Writer | December 9, 2024 | 12:52 pm

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

Bloomberg News | December 9, 2024 | 10:56 am

Namib Minerals set for Nasdaq debut following $500m SPAC deal

The proposed business combination, which implies a pro forma combined enterprise value of $609 million, represents the largest African de-SPAC deal to date.

Staff Writer | December 9, 2024 | 10:55 am

Torex Gold’s ELG underground mine resumes operations following fatalities

The 24-hour standdown at ELG, according to Torex, would not impact its 2024 production guidance.

Staff Writer | December 9, 2024 | 10:03 am

Gold price hits 2-week high on renewed China purchases, Syria regime collapse

The People’s Bank of China – a major buyer of the metal – announced that it has resumed purchases after a six-month hiatus.

Staff Writer | December 9, 2024 | 9:18 am

Brazilian Nickel advances project financing with LOI for $550m

The funding represents 40% of the Piauí nickel project’s overall financing package.

Staff Writer | December 9, 2024 | 8:53 am

GoviEx initiates arbitration against Niger in uranium permit dispute

With the recent recovery in uranium prices, the Madaouéla project was poised for development, with first production targeted for 2025.

Staff Writer | December 9, 2024 | 8:40 am

Germany to backstop Savannah’s spodumene lithium project in Portugal

The loan guarantee underscores the sense of urgency in Germany and other members of the EU to develop a domestic lithium supply chain.

Trish Saywell | December 9, 2024 | 8:27 am

Citi chops back copper forecasts as Trump’s trade tariffs loom

The metal is expected to average $8,750 a ton in 2025, down from a prior forecast of $10,250.

Bloomberg News | December 9, 2024 | 6:54 am

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