Cornish Metals speeds up work to reopen UK tin mine
Cornish Metals (TSXV: CUSN; LSE: CUSN) is speeding up work to reopen a past-producing tin mine at its South Crofty project in southwest England. The Canadian explorer and developer said today…
Articles by Cecilia Jamasmie
BHP inks tentative sales deals for its giant Jansen potash project
Jansen is expected to begin production in late 2026, ramping up to 4.35 million metric tons annually.
Solaris strikes deal with Ecuadorian Indigenous organization as others lodge complaint with BCSC
Vancouver-based Solaris Resources (TSX: SLS) announced a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (FICSH) and Ecuador’s Alliance for Entrepreneurship and Innovation. FICSH is the highest authority…
Sibanye-Stillwater to cut 2,600 jobs in South Africa
The precious metals producer kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs.
Zijin to expand Tibet copper mine expected to be world’s largest
China’s Zijin Mining Group announced on Friday that is going ahead with the second phase of a major expansion at its Julong copper project in Tibet, after receiving government approval. The…
Newmont to sell mines in Canada, Australia after Newcrest buy
Newmont (TSX: NGT; NYSE: NEM) says it plans to sell six inessential assets including mines in Quebec, Ontario, the Yukon and Western Australia to cut debt. The list contains the…
Teck hits record copper production on Quebrada Blanca ramp-up
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) beat profit estimates for the fourth quarter of 2023 on the back of higher steelmaking coal sales, record copper production and strong prices…
First Quantum inks US$500M offtake amid Panama turmoil
First Quantum Minerals (TSX: FM) says it’s landed a US$500-million offtake agreement with its largest shareholder, China’s Jiangxi Copper, to help shore up finances shredded by its Cobre Panama mine…
Zinnwald lithium project in Germany now EU’s 2nd largest
Shares in Germany-focused Zinnwald Lithium (LSE: ZNWD) soared on Wednesday after it posted a 445% increase to resources at its the namesake project in the eastern state of Saxony. The update…
Sibanye-Stillwater posts $3.4B write-down
South Africa’s Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has flagged a 47.5 billion rand ($3.4 billion) impairment on last year’s results due to tumbling platinum, palladium and nickel prices. The company…
KoBold Metals expands Zambia footprint with Midnight Sun deal
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, is expanding its footprint in Zambia after inking a deal with Midnight Sun Mining (TSXV: MMA) to jointly…
Dundee bid for Osino Resources bested by unnamed third party
Dundee Precious Metals (TSX: DPM) is walking away from its proposed takeover of Osino Resources (TSXV: OSI) after the target company said on Monday it had received a superior offer…