Glencore scraps plans to ditch coal on investor pressure

Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns.

Cecilia Jamasmie | August 7, 2024 | 4:03 am

Arcadium Lithium pauses expansion plans on prices, supply glut

The company posted second-quarter net income of $85.7 million.

Bloomberg News | August 6, 2024 | 1:29 pm

Cerrado Gold avoids new capital costs in plan to expand Don Nicolás mine in Argentina

The new PEA states that the lack of initial capital costs is due to the company having already built a heap leach pad and extraction circuit last year.

Blair McBride - The Northern Miner | August 6, 2024 | 12:38 pm

AngloGold says free cash flow to double in second half

The miner boosted its H1 dividend payment by 450% after higher gold prices and increased production drove earnings.

Reuters | August 6, 2024 | 6:58 am

EnergyX makes $150 million bid for Galan Lithium’s Argentina assets

The bid comes as prices for lithium have tumbled in the past year.

Reuters | August 5, 2024 | 1:11 pm

A fraught election just reshaped the next steps for deep sea mining

Brazilian oceanographer Leticia Carvalho has been elected the next secretary-general of the ISA, a leadership change that could slow the rush to strip-mine deep sea ecosystems.

Bloomberg News | August 2, 2024 | 4:28 pm

Video: Marimaca Copper aims at low-cost production in Chile’s Antofagasta

At a time when most copper projects are struggling with soaring capital costs, Marimaca expects its eponymous oxide project in Chile’s Atacama Desert to break the mould with a low capital cost of $205 million.

Northern Miner Staff | August 2, 2024 | 1:35 pm