Carney seeks deeper Saudi mining, energy partnership
Canadian Prime Minister Mark Carney said Saudi Arabia could help drive growth in Canada’s mining and energy sectors as the two countries signed more than more than $1.4 billion (US$704…
Articles by Cecilia Jamasmie
Deep-sea mining threatens 60% of vent species: IUCN
More than 60% of the rare mollusc species living around deep-sea hydrothermal vents face extinction from proposed seabed mining, prompting the International Union for Conservation of Nature (IUCN) to renew…
Billions in US-funded rare earths are Asia-bound: report
United States-backed rare earths producers are selling much of their output to Japan and South Korea because American magnet manufacturing has yet to catch up with Washington’s drive to build…
Rio Tinto hands Sovereign full control of Malawi graphite project
The move strengthens Kasiya’s position as a potential non-Chinese supplier of rutile, graphite and rare earth products.
De Beers cuts diamond prices, axes 25 elite buyers
Giant diamond miner De Beers has made sweeping cuts to its official prices at its first sale since culling nearly a third of its handpicked buyers, a strategy aimed at…
Creating mining districts could unlock billions: study
Mining companies could unlock billions in additional value by treating nearby operations as integrated mining districts rather than standalone assets, according to a study by GEM Mining Consulting. The firm’s…
Genesis trumps Regis with $3.9B takeover bid, 14% premium for Vault
Vault Minerals said its directors unanimously determined the new offer to be better than the all-stock agreement with Regis reached in May.
GoldStone surges as Hong Kong miner takes 21% stake
GoldStone Resources (AIM: GRL) shares jumped on Monday after the Ghana-focused gold developer secured a £3.51 million ($4.6 million) strategic investment from Hong Kong-listed Persistence Gold Group (HKEX: 2489) to…
Rinehart invests $50M in X-ray tech for ore, cancer
Gina Rinehart, Australia’s richest person, is backing California-based Lumitron Technologies with a $50 million investment to commercialize high-resolution imaging technology used to improve ore processing and cancer detection. The investment…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina mines, unlocking at least $5…
Hyundai backs ioneer’s Nevada lithium-boron project
Shares in Australian lithium developer ioneer (ASX: INR) gained this week after securing support from two South Korean engineering and infrastructure groups for its Rhyolite Ridge project in Nevada, a…
Li-FT bets $12M to turn diamond mine into lithium hub
Li-FT Power (TSX-V: LIFT) has secured an exclusive option to acquire Québec’s Renard diamond mine and processing complex, a move that could significantly reduce development costs and accelerate production plans…