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.
Articles by Cecilia Jamasmie
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.
SolGold mulling phased development of Cascabel copper mine
Ecuador-focused SolGold (LSE: SOLG) is considering a phased approach to the development of its flagship Cascabel copper-gold project in the Andean country as a way to reduce upfront capital and…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for the world’s energy transition in…
Pembridge Resources shares collapse on Minto mine halt
Shares in Pembridge Resources (LSE: PERE) fell as much as 82% on Monday as it disclosed it was assessing its ability to stay in business after Canada’s Minto Metals (TSXV: MNTO),…
Sonora police remove blockaders from Fresnillo’s La Herradura mine
Minera Penmont, a subsidiary of Fresnillo (LSE: FRS), announced that the Sonora police removed a number of blockades installed at different entry points of the company’s La Herradura operation located…
AngloGold to move primary listing, head office out of South Africa
AngloGold Ashanti (NYSE: AU; JSE: ANG; ASX: AGG) is transferring its primary listing to New York from the Johannesburg Stock Exchange (JSE), further cutting its ties to South Africa, the…
Ivanhoe Electric buys private land by copper project in Arizona
Robert Friedland’s Ivanhoe Electric (TSX: IE; NYSE: IE) said on Thursday it will buy 6,205 acres of private land for US$120.5 million by its Santa Cruz copper project near Casa…
Newcrest extends Newmont’s exclusivity period to make binding offer
Newcrest Mining (TSX: NCM; ASX: NCM) has extended the exclusivity period for Newmont (NYSE: NEM, TSX: NGT) to complete its due diligence and submit a binding takeover offer under the…
Chile’s mining royalty bill heads for final vote
Chile’s senate has approved an amended mining royalty bill, in the works for almost two years, passing it back to the lower chamber for a final vote expected to come…
Serabi, Vale to jointly explore for copper in Brazil
The JV will explore Serabi’s Matilda prospect and other targets within the Tapajos region of Brazil, within its Palito Complex.