Strike at Newmont’s Peñaquito mine ends with 8% pay raise Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day. Cecilia Jamasmie | October 6, 2023 | 3:50 am
Newmont’s $16.7bn Newcrest deal gets all regulatory nods The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13. Reuters | October 5, 2023 | 5:54 pm
WGC names new chair, launches documentary featuring Idris Elba Sibanye-Stillwater chief executive Neal Froneman is the new chair at WGC. MINING.com Editor | October 5, 2023 | 4:06 pm
Lundin in talks with Japanese trading houses to develop Argentina mine New CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine. Reuters | October 5, 2023 | 3:14 pm
BHP plans to keep its remaining coal after completing mine sales Efforts to divest BHP’s interests in the Daunia and Blackwater sites in Queensland are ongoing. Bloomberg News | October 5, 2023 | 2:39 pm
Chinese lithium plunge has created huge discount to US prices The spread offers traders an opportunity to make money, but also highlights just how bearish the outlook is in the top EV producer. Bloomberg News | October 5, 2023 | 2:14 pm
BHP to focus on cost cuts, patient on M&A For BHP to engage in a buyout, it would need to consider price, ease of jurisdiction, and opportunity to add value. Reuters | October 5, 2023 | 2:03 pm
Teck aiming for coal, metals business separation announcement by end of 2023 CEO Jonathan Price said the company is advancing a range of proposals with a range of counterparties. Reuters | October 5, 2023 | 12:45 pm
US, UK and partners working on 15 critical minerals projects The Minerals Security Partnership (MSP) formed last year by 14 governments aims to ensure adequate supplies of minerals such as lithium and rare earths to meet zero-carbon goals. Reuters | October 5, 2023 | 12:24 pm