Codelco to buy Lithium Power for $244 million
The acquisition would mark the Chilean copper giant's first foray into the lithium space, as part of the country's new public-private model for the sector.
Cecilia Jamasmie , Editor-in-Chief
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Rio Tinto cuts Canadian iron ore guidance
The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July.
Newmont starts ramp-up at Peñasquito as strike ends
Return to normal operations at Mexico’s largest gold mine is expected to take several weeks, and Newmont vowed to update markets next week.
Scotgold in advanced funding talks to avoid default
The embattled miner, which operates Scotland’s only gold mine, is close to securing enough funding from a new strategic investor.
Egyptian tycoon eyes stake in Barrick’s Reko Diq project
Egypt's second wealthiest person Naguib Sawiris says the potential investment would allow him to expand his business in Pakistan.
Rinehart closer to blocking Albemarle’s takeover of Liontown
Hancock Prospecting now owns 16.7% of Liontown, which makes it the company’s largest shareholder.
Strike at Newmont’s Peñaquito mine ends with 8% pay raise
Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day.
Buenaventura suspends Peru mine on permitting delays
Peru’s top publicly traded precious-metals producer has halted Colquijirca's Tajo Norte mine for up to three years due to permitting delays.
Kinross bets $3B on Chile gold district growth
Kinross advances one of Chile’s biggest proposed gold mines as Atacama cements its global mining hub role.