Uganda grants ASX-listed Ionic licence to mine rare earths
Australia’s Ionic Rare Earths (ASX: IXR) said on Thursday the government of Uganda had granted it a mining licence for the Makuutu heavy rare earths project in the East Africa nation. The…
Articles by Cecilia Jamasmie
Albemarle to axe jobs, halt growth, sell Liontown stake
Plunging lithium prices are forcing Albemarle (NYSE: ALB) to cut jobs and defer spending, including on a massive refinery project in South Carolina, as part of a wide-ranging plan to…
How did Vale tailings dam burst and kills hundreds?
Construction details in the tailings dam at Vale’s (NYSE: VALE) Corrego do Feijao iron ore mine in Brazil may have caused the burst that killed at least 270 people when…
Los Pelambres boosted Antofagasta copper production in 2023
Chilean miner Antofagasta (LSE: ANTO) has reported a 2% increase in annual copper production last year to 660,600 tonnes thanks to strong performances by its largest mines Los Pelambres and Centinela….
Taseko inks US$50M royalty deal to speed up Florence copper mine construction
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has inked a deal with Taurus Mining Royalty Fund that would allow it to speed up construction of its Florence copper mine…
Pilbara Minerals expands offtake deal with Ganfeng
Australian lithium producer Pilbara Minerals (ASX: PLS) has increased its sales contract with Ganfeng over the next three years and has the option to further boost the spodumene concentrate tonnage…
First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
Uranium jumps to over US$100 per lb as top miner flags shortfall
Uranium prices jumped on Friday to a 16-year high after the world’s largest producer, Kazakhstan’s Kazatomprom (LSE: KAP), warned it’s likely to fall short of its output targets over the…
Posco, Lithium South to jointly develop Hombre Muerto project
South Korea’s Posco and Canada’s Lithium South Development (TSXV: LIS) — a junior with a $39-million market cap — have signed an agreement for the joint development of the Hombre…
Hecla’s Lucky Friday silver mine resumes production
Hecla Mining (NYSE: HL) has begun to resume activities at its Lucky Friday silver mine in Idaho, after operations were halted last September to repair areas damaged by wildfires in August. …
Gem Diamonds and Lucara find first big stones of 2024
Africa-focused miners Gem Diamonds (LSE: GEMD) and Lucara Diamond (TSX: LUC) have recovered big, high-quality Type IIa diamonds at their respective operations. Gem Diamonds said on Thursday it had unearthed…
Gemfields says rubies making headway in Chinese market
Rubies are becoming the favourite coloured stones among Chinese consumers, with about 61% of the population considering them a “desirable” item and about 55% buying rubies in the past year,…