BHP averts strike at world’s biggest copper mine
Unionized workers at Escondida mine in northern Chile have accepted BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) latest offer and will not move forward with a strike that was planned for…
Articles by Cecilia Jamasmie
UK, South Africa seek deeper cooperation on critical minerals
London and Pretoria announced a partnership to promote the responsible exploration, development, production, and processing of critical minerals in South Africa. In a statement, both governments said that this new…
Mexico to start producing lithium batteries in late 2023, as US, Asia invest
Mexico, which nationalized lithium resources in April, plans to start producing lithium batteries in late 2023 as it has secured foreign investment and the backing of the United States, its…
Rio Tinto-Turquoise Hill takeover vote set for Dec. 9
Turquoise Hill Resources (TSX: TQR) has set Dec. 9 as the date its shareholders will finally vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO;…
World to face 8-million tonne copper deficit by 2032, Codelco warns
Codelco, the world’s biggest copper producer, warned on Thursday that global shortages of the metal may reach 8 million tonnes by 2032, as soaring demand continues to offset the number…
Mountain Province finds new kimberlite around Gahcho Kue mine
Mountain Province Diamonds (TSX: MPV) has found a new kimberlite on the claims and leases surrounding its Gahcho Kué joint venture operation in the Northwest Territories, about 280 km northeast…
Condor Gold puts La India project in Nicaragua up for sale
Condor Gold (TSX: COG; LSE: CNR) has decided to put its flagship La India open pit gold project in Nicaragua up for sale, preferably to a gold producer with mine building…
Sigma Lithium wraps up first phase of US$5.1B Brazil project next month
Canadian explorer Sigma Lithium (TSXV: SGML; NASDAQ: SGML) is on track to finish construction of the first phase of its Grota do Cirilo lithium hard rock project in Brazil by…
Endeavour Mining finds potential new flagship gold project in West Africa
Endeavour Mining (TSX: EDV; LSE: EDV) said Monday it had made a major greenfield gold discovery in Côte d’Ivoire, which has the potential to become a new flagship asset for…
BHP tries dodging strike at Escondida copper mine in Chile
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has reached an agreement with unionized workers at its Escondida copper mine in Chile, the world’s largest, in a last-minute attempt to avert…
Massive emerald cluster sets new record at Gemfields auction
Africa-focused Gemfields (LSE: GEM; JSE: GML) racked up US$30.8 million in revenue from its latest emerald action, which included a massive cluster of emeralds weighing 187,775 carats (37,555 grams). The Kafubu…
Lucara extends sales deal with HB by 10 years
Canada’s Lucara Diamond (TSX: LUC) has extended its sales agreement with HB Trading covering high-value diamonds from the Karowe mine, in Botswana, for another 10 years. The contract will see Lucara’s +10.8 carat…