First Quantum to pay $375m a year in royalties to Panama
The Canadian miner has reached a deal with the country's government to increase royalty payments from its flagship Cobre Panama copper mine.
Cecilia Jamasmie , Editor-in-Chief
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De Beers makes diamond buyers cough up cash with fresh price rise
The world's largest diamond miner by value is said to have hiked prices by about 8% for big stones and 20% for small ones at the latest sale.
BHP to introduce electric trains at Pilbara mines
The four locomotives, scheduled for delivery in late 2023, will be supplied by Progress Rail, a unit of Caterpillar, and Wabtec Corp.
Sibanye-Stillwater faces strike at South Africa gold mines
Unions have been cleared to give the company notice of a strike following failed wage talks for gold mine workers.
Argentina seeks $10 billion in mining exports by 2030
Gov't expects $25bn in investments related to 34 projects currently in advanced exploration, as the deadline to restructure billions in debt to the IMF looms.
Iamgold in search of new CEO as Stothart leaves
The gold miner, which gave no reason for its CEO’s departure, said CFO Daniella Dimitrov would serve as chief executive on an interim basis.
Botswana Diamonds shares shoot up on Thorny River potential
The company has significantly raised the estimated kimberlite volume at the South African asset to 2 million tonnes of kimberlitic material.
Lundin Gold beats 2021 production targets at Fruta del Norte
The company, which expected between 380,000 and 420,000 ounces of gold for the year, produced 428,514 gold ounces at its Ecuador mine.
Rio Tinto to transport iron ore in Pilbara via battery-electric trains
The miner will buy four battery electric trains to deploy in the Pilbara region of Western Australia as part of its decarbonization strategy.
Galantas Gold to kick off operations at Northern Ireland mine
Company is about to pour first gold at its Omagh mine, with production set to start at the end of the current quarter.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
