Barrick Gold to go ahead with US$7B Reko Diq project
Barrick Gold (TSX: ABX; NYSE: GOLD) is going ahead with construction of its Reko Diq copper and gold project in Pakistan after the country’s top court cleared the path for…
Articles by Cecilia Jamasmie
Fortescue ups stake in Candente Copper with $4M investment
Australian miner Fortescue Metals Group (ASX: FMG) is investing a further $4 million (US$2.9 million) in Candente Copper (TSX: DNT), which will increase its stake in the Canadian junior from 19.4% to 25.4%….
Albemarle to build US$180M lithium research centre in North Carolina
The world’s top lithium supplier Albemarle (NYSE: ALB) will invest at least US$180 million to build a new technology park in North Carolina, where it expects to advance its research in…
Rio Tinto hunts for lithium deals, eyes Jadar revival
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Tuesday it is actively searching for lithium assets as its expects prices for the metal used in the making of…
Global miners’ ESG strategies show ‘concerning’ lack of focus on gender
The mining industry shows a lack of focus on gender and diversity in their environmental, social and governance strategies, a recent report by Stratum International and Digbee has found. Based…
Gold Fields CEO Griffith leaves after failed Yamana takeover
Gold Fields’ (JSE, NYSE: GFI) chief executive officer Chris Griffith is stepping down on Dec. 31, only a month after the company’s failed attempt to take over Canada’s Yamana Gold…
SolGold shares dive despite raising US$36M with Jiangxi backing
Shares in Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) dropped on Monday more than 7% after revealing it had completed a US$36-million capital raise with the participation of new investors, including…
BHP invests in Gates and Friedland-backed firm I-ROX SAS
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has joined billionaire Robert Friedland’s I-Pulse Inc. and Breakthrough Energy Ventures, a clean-tech venture backed by Bill Gates and Jeff Bezos, to speed…
Panama’s Chamber of Commerce worried about government negotiations with First Quantum Minerals
Three days prior to the December 14 deadline for Canada’s First Quantum Minerals (TSX: FM) to ink a contract with the Panamanian government that would allow the company to keep…
Pakistan closer to letting Barrick Gold proceed with US$7B project
Pakistan’s Supreme Court endorsed on Friday a settlement between the country’s government and Barrick Gold (TSX: ABX; NYSE: GOLD), which allows the Canadian miner to resume work at its Reko Diq…
EU inks deal with Chile to boost access to battery metals, renewables
The European Union (EU) and Chile inked on Friday a fresh partnership deal that will give the bloc greater easier access to lithium, copper and other raw materials that are…
Glencore scraps US$1.3B Australian coal project
Miner and commodities giant Glencore (LSE: GLEN) has shelved plans for a giant A$2 billion (US$1.3 billion) coal mine in Australia’s Queensland state, which would have become one of the…