Chilean lawmakers postpone vote on controversial mining royalty bill
Bill calls for a 3% royalty on sales of over 12,000 tonnes of copper productions a year and 50,000t/y of lithium.
Articles by Cecilia Jamasmie
Anglo American, Salzgitter to jointly advance green steel
Anglo American (LSE: AAL) and German steel producer Salzgitter Flachstahl will work together on decarbonizing the steel sector by exploring ways to reduce carbon emissions. The…
Quebec injects $13.5 million into Monarch Mining to help it reopen Beaufor
The Canadian province of Quebec has granted Monarch Mining (TSXV: GBAR; US-OTC: GBARF) a $13.5 million senior secured term loan agreement to help the company restart the…
BHP to expand nickel operations to meet soaring demand
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) will make a final investment decision on a major expansion of the processing plant at its Mt. Keith…
Lucara digs up 393 carat diamond at Karowe
Lucara Diamond (TSX: LUC) has recovered a 393 carat diamond from its company’s Karowe mine in Botswana, the seventh stone greater than 300 carats dug up at the…
Anglo American half-year profit best in its 104-year history
The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.
Bluejay Mining to sell projects in Finland for $7m
It has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects to battery metals miner Metals One.
Battle for Noront heats up with BHP’s US$258 million bid
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has offered $325 million (US$258.45 million) for Canadian nickel miner Noront Resources (TSXV: NOT), trumping a bid by…
Barrick Gold signs four exploration deals in Egypt
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said…
La Mancha launches US$1.4 billion gold mining fund
La Mancha Holdings, owned by Egyptian billionaire Naguib Sawiris, has unveiled a US$1.4 billion fund to hold the magnate’s gold mining investments and pursue new…
BHP inks conditional port deal for Jansen potash mine
The mining giant said in June it would present its board with a decision on whether to move ahead with Jansen after choosing between two port options.
Newmont to decide on $2 billion project in Peru by year-end
Yanacocha Sulfides would allow operations at the massive gold mine to continue beyond 2040.