Dundee bid for Osino Resources bested by unnamed third party
Dundee Precious Metals (TSX: DPM) is walking away from its proposed takeover of Osino Resources (TSXV: OSI) after the target company said on Monday it had received a superior offer…
Articles by Cecilia Jamasmie
Peru approves US$2B Antamina copper mine expansion
Peru’s environmental watchdog has granted Antamina, the country’s largest copper-zinc mine, a long-awaited permit that allows it to kick off a US$2 billion expansion to extend the operation’s productive life…
First Quantum exercises option over two licences as it looks to expand in Zambia
First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, has exercised its option over two licences in the Central Africa Copperbelt,…
Sibanye-Stillwater, Heraeus team up to save palladium in an EV-dominated world
Precious metals producer Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has teamed up with metals trader and recycling company Heraeus Precious Metals to explore new uses for platinum group metals (PGM), particularly…
Nouveau Monde Graphite scores deals with GM, Panasonic
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has signed multi-year offtake agreements with General Motors (NYSE: GM) and Panasonic Holdings, with both companies also vowing to invest in the Quebec-based…
Four in custody over SSR gold mine landslide in Turkey as search for workers continues
A search for nine workers buried after a landslide hit SSR Mining’s (TSX: SSRM; ASX: SSR) gold mine in eastern Turkey continued on Wednesday, the interior minister said, while local…
Horizon, Greenstone merge to create new gold miner in Western Australia
Australian miners Horizon Minerals (ASX: HRZ) and Greenstone Resources (ASX: GSR) have agreed to merge in an all-stock deal to create a new emerging gold producer in Western Australia’s goldfields….
Hillgrove Resources starts producing copper in South Australia
Hillgrove Resources (ASX: HGO) has kicked off production at its Kanmantoo copper mine in South Australia, after successfully commissioning the processing facility. The company said the milestone positions it as…
Rio Tinto autonomous train derails in Western Australia
Rio Tinto (ASX: RIO) said on Tuesday that an unloaded autonomous train derailed on Sunday evening at about 120 km from Western Australia’s Dampier port. The world’s largest iron ore…
Glencore to sell stake in troubled New Caledonia nickel operation
Glencore (LSE: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop…
Mexico’s president proposes ban on open pit mining, says it ‘transgresses human rights’
Mexican President Andrés Manuel López Obrador, known as AMLO, has proposed a series of constitutional reforms, including a ban on open-pit mining. Speaking before parliament, López Obrador argued that open-pit…
Perseus Mining confident of winning ok for OreCorp takeover
Perseus Mining (TSX: PRU; ASX: PRU) is far from giving up on its intended acquisition of OreCorp (ASX: ORR), saying on Monday it was confident of receiving unconditional approval from…