Vale opens first phase of $945M copper complex expansion in Sudbury
Vale (NYSE: VALE), the world’s largest iron ore and nickel producer, has opened the first phase of a $945 million expansion at its Copper Cliff Complex South Mine in Sudbury,…
Articles by Cecilia Jamasmie
Turquoise Hill’s fifth largest investor to reject Rio Tinto’s US$3.3B takeover bid
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto‘s (NYSE: RIO; LSE: RIO; ASX: RIO) intended US$3.3 billion…
Marathon Gold begins early works at Valentine project in Newfoundland
Canada’s Marathon Gold (TSX: MOZ) has begun early site works at its proposed Valentine open-pit gold mine in central Newfoundland after satisfying pre-construction environmental assessment conditions. The project is expected to see full…
De Beers names Equinor’s Cook as new CEO
De Beers, the world’s top diamond producer by value, has appointed oil and energy industry executive Al Cook as its new chief executive to replace Bruce Cleaver, who leaves the top job after six…
Vital Metals bails on Quebec rare earths projects
Australia’s Vital Metals (ASX: VML), the first rare earths producer in Canada, has walked away from a deal with Quebec Precious Metals Corp. (TSX-V: QPM) to buy the junior’s Zeus project and…
SolGold becomes sole owner of Cascabel with Cornerstone buy
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) is merging with Canadian junior Cornerstone Capital Resources (TSXV: CGP) to secure a 100% ownership of the Cascabel copper-gold project in the South American…
Trevali Mining to liquidate Burkina Faso assets after deadly flood
Canadian company Trevali Mining’s 90%-owned subsidiary in Burkina Faso has filed for liquidation, effectively kicking off a gradual shutdown process that includes the disposal of all assets in the country….
Chile files sinkhole-related charges against Lundin Mining
Chile’s environmental regulator SMA filed four charges on Thursday against Lundin Mining (TSX: LUN) for a giant sinkhole that appeared in July above an underground copper mine operated by the Canadian…
Horizonte Minerals flags cost increase at Brazil nickel project
Horizonte Minerals (TSX: HZM; AIM: HZM) said construction costs for its Araguaia nickel mine in northern Brazil have increased by 12.6% to US$537 million, up from the previous US$477 million…
USGS, NASA to map southwestern United States for critical mineral potential
The U.S. Geological Survey (USGS) and NASA are teaming up to map portions of California, Colorado, Nevada, Arizona, New Mexico and Utah for critical mineral potential. The US$16-million, five-year, government-funded…
Harmony Gold expands into copper with US$230M Eva project buy
South African miner Harmony Gold (NYSE: HMY; JSE: HAR) is expanding into the coveted copper market with the acquisition of Copper Mountain Mining’s (TSX: CMMC; ASX: C6C) Eva project in Australia,…
Pebble mine stakeholders up pressure as EPA’s final decision nears on Alaska project
Opponents and supporters of Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) long-stalled Pebble copper-gold project in Alaska are stepping up pressure on the US Environmental Protection Agency (EPA) to make…