Scotgold Resources shares collapse on grades and funding woes

Shares in troubled miner Scotgold Resources (LON: SQZ) fell more than 70% on Monday after it warned there was “significant” uncertainty over its […]

Cecilia Jamasmie | March 27, 2023 | 6:46 am

Newmont said to be mulling sweetened bid for Newcrest

Newmont Mining (NYSE: NEM)(TSX: NGT), the world’s largest gold producer, may be preparing a sweetened takeover offer for Newcrest Mining (ASX, TSX: […]

Cecilia Jamasmie | March 22, 2023 | 9:47 am

Rio Tinto to spend $40M on Diavik diamond mine expansion

Rio Tinto (ASX, LON: RIO) is going ahead with a $40 million expansion of its iconic Diavik diamond mine in the Northwest […]

Cecilia Jamasmie | February 23, 2023 | 11:53 am

Anglo American takes $1.7B writedown on British fertilizer mine

Anglo American (LON:AAL) said Thursday it would take a $1.7 billion charge due higher costs and delays at its Woodsmith fertilizer project, […]

Cecilia Jamasmie | February 23, 2023 | 9:09 am

Rio Tinto partners with BMW for low-carbon aluminum supply

Mining giant Rio Tinto (ASX, LON: RIO) has agreed to supply BMW with aluminum it produces in Canada using hydroelectric power, in […]

Cecilia Jamasmie | February 21, 2023 | 10:25 am

Teck Resources becomes Teck Metals as it spins off coal unit

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, announced major changes on Tuesday, switching its name to Teck Metals […]

Cecilia Jamasmie | February 21, 2023 | 6:38 am

Glencore to sell 23% stake in Peruvian miner Volcan

Miner and commodities trader Glencore (LON: GLEN) has kicked off a sale process for its 23% stake in Peruvian zinc and silver […]

Cecilia Jamasmie | February 16, 2023 | 6:44 am

Amplats first female CEO leaves to join Newmont as COO

Anglo American Platinum (Amplats) announced on Wednesday that its first female chief executive officer, Natascha Viljoen, is leaving the miner after three […]

Cecilia Jamasmie | February 15, 2023 | 9:53 am

Bluejay Mining pulls demerger plan, aims to raise $6 million

Explorer and developer Bluejay Mining (LON: JAY) said on Tuesday it would not spin off its battery and critical metals exploration subsidiary […]

Cecilia Jamasmie | February 14, 2023 | 9:49 am

Vulcan Energy to mine 60% more German lithium than planned

Vulcan now targets 2,000 tonnes of lithium a year from its brine project in Germany — 60% more than its previous target of 15,000 tonnes.

Cecilia Jamasmie | February 13, 2023 | 9:03 am

Trafigura faces $577 million loss on alleged nickel fraud

Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes […]

Cecilia Jamasmie | February 9, 2023 | 11:24 am

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