Indonesia grants Vale a mine permit extension to 2035
Indonesia has granted Vale’s (NYSE: VALE) local unit a special mining permit extension as part of a wider deal that will see state-owned holding, MIND ID, acquire an additional 14%…
Articles by Cecilia Jamasmie
Lucapa to sell majority stake in Lesotho diamond mine
Australia’s Lucapa Diamond (ASX: LOM) has put its 70% stake in the Mothae mine in Lesotho up for sale to focus on its core assets and is discussing options for the 30%…
Anglo American to sell De Beers, Amplats after latest BHP bid
Anglo American (LSE: AAL), the takeover target of mining giant BHP (ASX: BHP), has yielded to pressure from investors by announcing plans to sell some of its legacy assets in…
SolGold secures US$10M loan for Cascabel as talks for larger financing continue
Ecuador-focused SolGold (LSE: SOLG) says it has lined up a $10-million loan facility for its flagship Cascabel copper-gold project in the country’s north, adding it is in talks with capital…
E3 Lithium, Imperial Oil expand Alberta pilot project
E3 Lithium (TSXV: ETMC) and Imperial Oil (TSX: IMO) are tightening ties to advance a pilot plant in Canada’s oil patch, where they are working together to test a direct lithium…
Rio Tinto reports another autonomous train crash in Australia
Rio Tinto (NYSE: RIO; LSE: RIO ASX: RIO) said on Monday that one of its fully loaded autonomous iron ore trains had crashed with a set of stationary wagons in…
South32’s Hermosa project enters US federal permitting under FAST-41
The US Forest Service has started the federal permitting process for South32‘s (LSE: S32; ASX: S32) Hermosa project by kicking off the environmental review required by the National Environmental Policy…
Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
Lucara Diamond records strong quarter at Karowe mine
Lucara Diamond (TSX: LUC) said it has sold about 12% more diamonds from its Karowe mine in Botswana than in the first quarter of 2023 and operating costs are down…
BHP, Ivanhoe Electric to hunt for US copper together
Mining giant BHP (ASX: BHP; LSE: BHP; NYSE: BHP) and Ivanhoe Electric (NYSE: IE; TSX: IE) have partnered to explore for copper and other critical minerals in selected areas in…
South Africa wins battle for US$43M sunken silver bars
Finders are not always keepers, as proven by the United Kingdom’s Supreme Court ruling on who owns about US$43 million worth of silver bullion recovered from a sunken cargo ship….
Sigma Lithium hikes reserves, mine life in Brazil
Brazil-focused Sigma Lithium (TSXV: SGML; NASDAQ: SGML) announced on Wednesday that it has bumped up proven and probable reserves at its flagship Grota do Cirilo hard rock lithium mine by…