Newmont hands $70 million to Peñasquito mine workers
The uncapped profit-sharing bonus of up to 10% supports the continued operation of Peñasquito, Newmont said.
Cecilia Jamasmie , Editor-in-Chief
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Hecla Mining acquires Alexco Resource
Hecla Mining will buy all shares of Canadian Alexco Resource it doesn't already own, at 47 cents each share.
UK launches critical minerals data centre
To be run by the British Geological Survey, the centre will use the data to help to find ways to source minerals needed for green technologies.
Guinea halts Simandou iron ore project again
Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.
Petra Diamonds’ latest sale crowns “strong” year
The miner saw prices for its rough diamonds climb 7.7% from the previous sale of fiscal year 2022.
Sibanye-Stillwater seeks control of Finnish lithium miner
It wants to increase its stake in Keliber to 50% plus one share and is offering to buy minority shareholders out to reach an 80% ownership.
Kinross Gold to publish Great Bear resource estimate with 2022 results
Kinross is targeting construction by 2027 and first production by 2029, but doesn’t rule out a “schedule compression.”
Britain sanctions Russia’s “Nickel King” Vladimir Potanin
Sanctions on Russia’s second richest man and president of Nornickel, target Vladimir Putin’s inner circle, the UK government said.
Ivanhoe Electric shares fall in debut after $169 million IPO
Robert Friedland's exploration and development company owns properties in Arizona, Utah and Montana. It also has a battery storage business.
Teck tests carbon capture use and storage at Canadian operations
Canada’s largest diversified miner has set the pilot project at its Trail Operations metallurgical complex in southern British Columbia.
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.
