Glencore backs EVelution Energy’s cobalt plant plans
Mining and commodities trader giant Glencore (LSE: GLEN) has agreed to supply up to 7,000 tonnes of contained cobalt per year to U.S.-based EVelution Energy as a way to support…
Articles by Cecilia Jamasmie
African Rainbow Minerals ups copper game with Surge stake buy
African Rainbow Minerals (JSE: ARI) is buying a 15% stake in British Columbia-focused explorer Surge Copper (TSXV: SURG) for $3.8 million, boosting the South African miner’s exposure to copper. South…
Paladin Energy kicks off uranium production at restarted mine in Namibia
Paladin Energy (ASX: PDN) says it’s begun producing and drumming uranium concentrate at its Langer Heinrich mine in Namibia, adding it would now focus on ramping up operations and building…
Gold Fields begins gold production at new Chilean mine
Gold Fields (NYSE: GFI; JSE: GFI) has finally achieved first production at its Salares Norte gold mine in Chile, following years of development plagued by challenges including relocating a handful…
NextSource applies to build graphite plant in Mauritius
NextSource Materials (TSX: NEXT; US-OTC: NSRCF) has submitted an application to build a downstream battery anode facility to process graphite in the African island nation of Mauritius. The plant will…
Endeavour’s probe into former CEO finds US$15M of “disguised” payments
An internal investigation into Endeavour Mining’s (TSX: EDV; LSE: EDV) former chief executive Sébastien de Montessus has concluded he intentionally concealed payments totalling US$15 million to an undisclosed third party…
Hummingbird forced to delay commercial production at Guinea gold mine
Hummingbird Resources (AIM: HUM) says it won’t reach commercial production at its Kouroussa gold mine in Guinea by the end of March a planned because its main mining contractor stopped work…
Chile opens 26 lithium salt flats to private companies
Chile has revealed a long-awaited list of lithium-bearing salt flats that will be open to private investors with the goal of increasing local production of the battery metal by 70%…
Silvercorp clears way for Perseus Mining takeover of OreCorp
A winner has emerged in the months-long battle for Africa-focused gold developer OreCorp (ASX: ORR). The Australia-based company is recommending shareholders accept the off-market takeover offer from Perseus Mining (TSX:…
Northern Star seeks to expand the already massive gold ‘Super Pit’
Northern Star Resources (ASX: NST), the owner of Western Australia’s biggest open-pit gold mine, the Super Pit, is seeking approval for a significant expansion to the already massive operation. The…
Gemfields’ sparkle dims, profit falls 86% on nixed sale
Coloured gemstones miner Gemfields (LSE: GEM) posted on Monday a 86% drop in pre-tax profit for 2023 due partly to the cancellation of a high-quality emerald auction in November, a lower…
Taseko to become sole owner of Gibraltar copper mine in BC
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) said on Monday it’s acquiring the remaining 12.5% interest in the Gibraltar mine, the second largest open-pit copper operation in Canada, from current…