Iamgold arranges $300 million financing to restore stake in Côté mine Iamgold will look to buy back a 9.7% interest in Côté from Sumitomo. Staff Writer | May 22, 2024 | 10:58 am
Fortescue excluded from world’s biggest hydropower plant development The Grand Inga has long faced headwinds because of Congo’s history of corruption and the expected cost of the multiphase project. Bloomberg News | May 22, 2024 | 9:38 am
Kenorland stock surges as Centerra Gold takes 9.9% stake The company is already working with Centerra on the Hunter project in Quebec. Staff Writer | May 22, 2024 | 8:50 am
At least two companies seek Norway seabed mining permits The government aims to issue first licenses in 2025, but companies will require separate approvals to start production. Reuters | May 22, 2024 | 8:13 am
Iron ore price hits three-month high on China demand China last Friday announced "historic" steps to stabilize its crisis-hit property sector. Reuters | May 22, 2024 | 8:10 am
Copper frenzy draws mining giants to Argentina after Milei’s reforms Argentina could be a major supplier by 2035. Bloomberg News | May 22, 2024 | 7:55 am
Anglo American rejects BHP’s third bid, extends deadline Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer. Cecilia Jamasmie | May 22, 2024 | 7:03 am
BHP, Kingsrose to jointly explore Norway and Finland Kingsrose has numerous early-stage nickel-copper exploration targets and has secured exploration licences across the two Nordic nations. Staff Writer | May 22, 2024 | 5:46 am
Six new large mines need to come online annually by 2050 to meet global copper demand – study To meet the copper needs of electrifying the global vehicle fleet by 2050, as many as six new large copper mines must be brought online. Staff Writer | May 22, 2024 | 5:25 am