Rio Tinto OKs US$6.2B Simandou iron mine
“The board yesterday approved the largest mining project in the world,” CEO Stausholm told Financial Times.
Copper
Tudor Gold ups ounces, grade at Goldstorm deposit in BC
The indicated resource count at Tudor Gold‘s (TSXV: TUD) flagship Treaty Creek project in British Columbia has grown by 19% in terms of gold-equivalent ounces following last year’s drill program…
Global exploration snapshot: Eight companies seeking copper, precious metals and more
As explorers continue to hunt for precious metals and critical minerals needed for the green energy transition, their pursuit takes them to every corner of the world. Here are eight…
Deep sea mining seems to be inevitable, says ISA chief
Deep sea mining is likely just a matter of time, according to the head of the International Seabed Authority.
KoBold Metals expands Zambia footprint with Midnight Sun deal
KoBold Metals, backed by a coalition of billionaires including Bill Gates and Jeff Bezos, is expanding its footprint in Zambia after inking a deal with Midnight Sun Mining (TSXV: MMA) to jointly…
Video: Tahltan Nation offers heavy equipment training in mobile simulators
The Tahltan Nation is rolling out schooling for licences in hauling trucks, bulldozers and loaders, a vice president of the Indigenous group’s development company says in a new video. A…
Optimism for metals clashes with reality for juniors ahead of PDAC
Increasing funding for battery metal and uranium projects versus gold brings home the global energy transition but big financing deals for preproduction companies have almost disappeared, new figures show ahead…
New study saves US$1B in upfront cost as SolGold shops Cascabel project
SolGold (TSX: SOLG; LSE: SOLG) has managed to slash the upfront cost of its 100%-owned Cascabel project in Ecuador while the company continues to explore the potential sale of its…
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…
Strong metals and mining M&A activity to continue over 2024 — report
The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue in…
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,…
Battery metals snapshot: Eight companies charging up
New sources of battery metals are needed more than ever before as demand rises for low-emissions vehicles. The eight companies featured below hope to meet that demand for critical minerals…