Asante Gold secures $100 million to grow Ghana mines

About 90.7 million shares will be sold at C$1.50 each to a strategic investor, with proceeds to be used at Bibiani and Chirano mines.

Cecilia Jamasmie | September 26, 2024 | 3:55 am

Zijin wants its Africa copper mine to rival the world’s biggest

Kamoa-Kakula, in which Zijin and Ivanhoe both hold a 39.6% stake, may surpass BHP’s ageing Escondida mine in Chile.

Bloomberg News | September 26, 2024 | 3:15 am

BHP to test Caterpillar’s new energy transfer system on its mining trucks

The new technology transfers energy to diesel-electric and battery-electric large mining trucks while they are working on a mine site.

Reuters | September 25, 2024 | 5:17 pm

Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories

Earlier this year, the company told the CBC that "the financial viability and sustainability" of its business are at risk without the Sable underground project.

Staff Writer | September 25, 2024 | 4:31 pm

Kamala Harris calls for US critical minerals reserve, tax credits

The plan, part of a $100 billion industrial policy vision, also called for the use of emergency government powers under the Cold War-era Defense Production Act.

Bloomberg News | September 25, 2024 | 3:52 pm

Glencore, Schneider Electric partner to decarbonize copper supply chains

S&P Global estimates that demand for copper will double by 2035, and warns the looming supply gap could short-circuit the green energy transition.

Staff Writer | September 25, 2024 | 12:59 pm

IBAT to suspend operations at lithium extraction plant on weak prices

IBAT's move comes amid a more than 80% drop in lithium prices in the past year.

Reuters | September 25, 2024 | 11:28 am

Rare earth recycler Cyclic Materials secures $53m funding from Microsoft, BDC

The Canadian company will deploy the capital to build rare earth recycling infrastructure in the US and Europe.

Staff Writer | September 25, 2024 | 11:16 am

Quebec to become ‘anchor’ for Gold Fields’ diversification strategy, CEO says

Gold Fields' $1.6 billion Osisko Mining buy, set to close before year-end, will help balance the South African company’s aging assets in Ghana and Peru, CEO Mike Fraser says.

Henry Lazenby - The Northern Miner | September 25, 2024 | 10:17 am

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