Europe’s largest rare earths deposit found in Sweden
Swedish state-owned mining company LKAB said it has found Europe’s largest known deposit of rare earths close to Kiruna, the country’s northernmost town. The Per Geijer deposit, just north of the…
Articles by Cecilia Jamasmie
First Quantum takes misleading stance, Panama says
The government of Panama expressed its discontent on Wednesday with the latest investor update given by First Quantum Minerals (TSX: FM) about the Cobre Panama contract negotiations, saying it contained…
Ivanhoe Electric, Barrick Gold sign JVs with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE-AM: IE), the latest endeavour of mining magnate Robert Friedland, is joining with Saudi Arabia’s state-owned miner Ma’aden to explore for copper, gold, silver and electric…
Vale evaluates offers for $2.5B base metals unit
Vale (NYSE: VALE), one the world’s largest iron ore miner and the top nickel producer, has shortlisted suitors for a 10% of its base metals business estimated to be worth…
First Quantum to appeal Panama order to halt giant copper mine
First Quantum Minerals (TSX: FM) said on Tuesday it planned to appeal an order by Panama’s government to halt its giant copper mine in the country as the two sides…
Tianqi, IGO to buy Australian lithium junior Essential Metals
Tianqi Lithium Energy Australia (TLEA), a joint venture between Tianqi Lithium (HKG: 9696) and IGO Ltd (ASX: IGO), has made a A$136 million ($126 million) bid to acquire lithium explorer Essential Metals…
Anglo Asian Mining invests again in Libero Copper
Gold, copper and silver producer Anglo Asian Mining (LSE: AAZ), has made a third investment in Canada’s Libero Copper & Gold (TSXV: LBC), which focuses on finding copper assets in…
Caledonia closes deal for one of Zimbabwe’s largest gold projects
Caledonia Mining (LSE: CMCL) has added to its portfolio one of Zimbabwe’s biggest gold mining projects after completing the acquisition of Bilboes Gold, owner of the namesake asset, the U.K.-based…
Investors with US$2.2 trillion in assets ask Glencore to justify thermal coal plans
Glencore (LSE: GLEN) is facing fresh pressure by investors with $2.2 trillion in assets to disclose details of its coal production plans and how they align with its efforts to…
CleanTech Lithium touts potential of Chile project
Initial drilling results from CleanTech Lithium‘s (AIM: CTL) Laguna Verde project in northern Chile suggest it could become a major supplier of battery grade lithium to European and U.S. markets. The U.K.-based exploration and…
Electra Battery Materials sheds non-core Canadian assets
Electra Battery Materials (TSX-V: ELBM; NASDAQ: ELBM) announced on Wednesday it will dispose of its non-core Canadian assets while retaining royalty interests in the properties. Under a 2021 share purchase…
Nexa Resources halts Peru zinc mine amid blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community….