Australia’s Star Minerals nearing IPO
Western Australia-based Star Minerals says it is close to launching an initial public offering with the goal of funding the development of the advanced Tumblegum South gold project. According to…
Articles by Cecilia Jamasmie
Blair Athol coal mine life extended by 10 years
Life extension of central Queensland’s coal mine follows a reserves update that added 19.5 tonnes.
Rio Tinto, Sumitomo to assess hydrogen plant at Yarwun refinery
They will jointly study the feasibility of a hydrogen pilot plant at Rio’s alumina refinery in Gladstone, Queensland.
Gem Diamonds sells Botswana unit for US$4 million
Africa-focused Gem Diamonds (LSE: GEMD) is selling its Botswana subsidiary to Okwa Diamonds, owned by Vast Resources (LSE: VAST) and Botswana Diamonds (LSE: BOD), for only US$4 million. Okwa Diamond’s main target…
Lynas gets extension to build waste plant in Malaysia
Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country’s east coast. The Australian miner, which fought hard to…
First Quantum’s subsidiary ready to renegotiate Cobre Panama’s concession
First Quantum Minerals’ (TSX: FM) subsidiary Minera Panamá issued a communiqué over the weekend stating that it has not yet met with Panamanian authorities to discuss the renewal of the…
Volvo buys world’s first fossil-free steel
The first fossil-free steel in the world has been delivered by Swedish steelmaker SSAB Oxelösund to its first customer, Volvo Group. The product was manufactured in northern Sweden, using the…
Court rules Intrepid Potash has no water rights in New Mexico
Intrepid’s use of the Pecos River water became controversial after the company disclosed it planned to sell it to the oil and gas industry.
BHP fired 48 workers in two years for sexual harassment
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) revealed this week that it has fired 48 employees since 2019 for sexual harassment at its remote fly-in, fly-out (FIFO) mines in Western…
Chile’s drought forces Antofagasta to cut copper guidance
The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes.
Resource nationalism sweeps top mining countries in Latin America
A move towards resource expropriation, tax and royalty increases, as well as demands for local participation in companies’ ownership–all components of resource nationalism–continues to increase, with Latin America taking centre…
Bluerock shares jump on biggest diamond found at Kareevlei
BlueRock Diamonds (LSE: BRD) jumped more than 16% today after the miner announced it had found a 58.6-carat diamond at its Kareevlei mine, in Kimberley, South Africa. The stone is the largest diamond found…