Rio Tinto secures direct control of Oyu Tolgoi mine
Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Panama to shut down First Quantum’s giant copper mine
Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine.
Barrick Gold to go ahead with $7bn Reko Diq project in Pakistan
Top court has cleared the path for Barrick Gold to build the massive Reko Diq copper-gold mine.
Eldorado Gold board okays Skouries gold-copper project restart
Eldorado’s focus now shifts to project execution, with first production at the mine expected in the second half of 2025.
Fortescue ups stake in Candente Copper with $2.9m investment
The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.
Gates, Bezos-backed KoBold Metals to build copper-cobalt mine in Zambia
The Mingomba deposit hosts average copper grades about six times higher than those found in Chile, the world’s top producer.
Albemarle to build $180m US lithium research centre
The lithium giant anticipates creating at least 200 jobs at the site, with an average salary of $94,000 per year.
Rio Tinto hunts for lithium deals, eyes Jadar revival
Lithium prices, expected to stay at record highs, have the world’s second-biggest miner actively looking for lithium acquisitions.
Gold Fields CEO Griffith leaves after failed Yamana takeover
Martin Preece, who runs the company’s South Deep gold mine in South Africa, will take on the role of interim CEO while the board searches for a new boss.
SolGold shares dive despite raising $36m with Jiangxi backing
The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the other.
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.
