Oil giant ExxonMobil jumps on lithium wagon
Acquisition of lithium prospect reflects the company’s bet on the anticipated electric vehicles boom.
Articles by Cecilia Jamasmie
Ambler road decision in Alaska delayed again, this time to mid-2024
The U.S. Department of Interior (DOI) has once again delayed the release of the record of decision (RoD) for the Ambler road project, which will give access to untouched deposits of copper,…
Copper loses battle in fight for critical mineral status in the US
The U.S. Geological Survey (USGS) has told congressmen and senators that copper has not reached the status of critical minerals needed to be added to the official list of commodities…
Adriatic Metals gears up for Bosnia-Herzegovina mine opening
The Vares silver project is more than 70% completed and ready to kick off production in November this year.
Alpha Lithium rejects buyout bid by Spanish firm
Tecpetrol said it was prepared to engage with Alpha “immediately” and improve its $178 million (C$241m) all-cash offer.
Zijin Mining halts Colombia gold mine on deadly bombing attack
Zijin Mining has halted operations at its Buriticá gold mine in Colombia after a bombing attack by illegal miners killed two people and injured another 14, including four national police…
Australia’s Silver Lake ups bid for St Barbara’s Leonara by US$29M
Silver Lake Resources (ASX: SLR) isn’t giving up on St Barbara’s Leonara gold complex. The Perth-based company has submitted a third bid for the asset that increases the cash component…
Pembridge Resources in trading halt as it seeks liquidation
The trading of Pembridge Resources’ shares (LSE: PERE) came to a halt on Thursday after the embattled miner said the board had decided to place the firm into creditors’ voluntary…
Miners in Chile to pay more taxes as long-awaited reform approved
Chilean lawmakers have approved an amended mining royalty bill, in the works for almost two years, which will make companies operating in the country pay more taxes and royalties to…
De Beers merges two auctions as diamond sales disappoint
It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same period of 2022.
Wheaton adds Lumina’s Cangrejos project gold stream
Wheaton Precious Metals (TSX: WPM; NYSE: WPM) is adding a gold stream from Lumina Gold’s (TSXV: LUM) flagship Cangrejos project to its portfolio of assets, in a deal worth US$300…
Chile to negotiate with lithium partners on case-by-case basis, says mining minister
Chile’s mining minister Marcela Hernando clarified the country had announced a strategy, not a policy.