Hudbay snags $600M investment for Arizona copper project
Deal hands Mitsubishi a 30% stake in Hudbay's Copper World project, sharply reducing its upfront funding needs.
Cecilia Jamasmie , Editor-in-Chief
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De Beers strikes first kimberlite field in 30 years
De Beers and Endiama plan increased drilling, surveys and lab tests in Angola to assess the discovery's potential.
Peabody–Anglo $3.8B coal deal on the brink after mine fire
Peabody will announce on August 19 if it will proceed with acquiring Anglo's mines, as it seeks to renegotiate a lower price.
Mexico’s PEMEX eyes lithium from oilfield brines
PEMEX says that high concentrations of lithium, comparable to Bolivia’s, have been found in drilling operations across five states.
Gemfields sells Fabergé luxury brand for $50 million
The sale to US investment firm SMG Capital wraps up a review of the business initiated by Gemfields in late 2024.
Barrick sells Chile gold project to Boroo for $50M
The Singapore unit of Boroo will also pay a 0.5% net smelter return royalty on gold and silver until 2 million ounces are produced.
ASX slams Greatland over post-listing gold output downgrade
The miner sparked scrutiny after slashing gold output targets and tripling capital spending just one month after its ASX debut.
New research reveals source of world’s richest lithium deposits
The world’s richest hard-rock lithium deposits likely formed closer to the mantle, not near the surface, study shows.
Uranium hopeful DevEx makes bold play under new chief
Former Rio Tinto executive Marnie Finlayson has taken on the role of managing director of uranium explorer DevEx Resources.
