Australian man finds giant gold nugget worth $160K
The 4.6kg nugget was found in Victoria's goldfields, which were the heart of Australia's gold rush in the 1800s.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Lundin Mining pays $950m for controlling stake in Caserones copper mine in Chile
The Canadian miner is acquiring a 51% stake in the company that operates Caserones from Japan’s JX Nippon Mining & Metals Corp.
Mexico okays Pan American Silver-Yamana Gold deal
With the acquisition of Yamana, Pan American is increasing its Latin American portfolio to 12 mining operations.
Scotgold Resources shares collapse on grades and funding woes
The company behind Cononish, Scotland’s first commercial gold and silver mine, said it may not be able to meet future financial obligations.
Gemfields shares jump on record revenue for 2022
The Africa-focused emeralds and rubies miner posted a 2022 revenue of $341 million, a 32% increase from the previous year.
Bolivia pushes for Latin America-wide lithium policy
The idea is part of a broader initiative involving Argentina, Bolivia, Brazil and Chile to form an OPEC-like lithium cartel.
Chile’s top steel producer bets on green hydrogen
CAP’s steelmaking division aims to substitute coal used in its blast furnaces with less polluting fuels, including hydrogen.
Sibanye-Stillwater to hand $20 million to New Century
Sibanye's emergency financial support for its takeover target New Century flagged output losses that will impact short-term liquidity.
Newmont said to be mulling sweetened bid for Newcrest
The world's no. 1 gold miner has gained partial access to Newcrest's corporate books, a sign that Newmont could make a revised offer.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
