Sirius Minerals shares crash after scrapping $500m fundraising plan
The miner said it was not possible to raise the funding needed to move ahead with the Woodsmith project.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Gran Colombia to spin off Marmato gold project
The Canadian miner will retain a major stake in the new company while leveraging the capital markets to provide the funding required for ongoing exploration and underground development.
Waterton’s Gemfield Resources kicks off construction of gold mine in Nevada
The Gemfield project is one of a few open-pit, heap leach gold mines in the US to be fully permitted and shovel-ready.
Petra Diamonds shares hit all-time low as loss widens
Miner said the diamond market was in its worst state since the financial crisis that began in 2008.
B2Gold ups stake in Colombian JV with AngloGold Ashanti
As part of the deal, the miner will fund investment and exploration to the value of $13.9m at the Gramalote project next year.
UK high court ok’s Barrick’s Acacia takeover
The deal ends Acacia’s near-decade presence on the London Stock Exchange.
Vale partially halts work at second-largest iron ore mine
Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Minas Gerais state's largest mine.
PNG demands 40% of output from Newcrest-Harmony’s Wafi-Golpu project
At peak production, the mine is forecast to churn out 320,000 ounces of gold and 150,000 tonnes of copper a year.
Orion trims stake in Armenia-focused gold miner Lydian
The company is said to be a victim of rivals bribing the government and locals to stop the Amulsar project.
South Africa grants Botswana Diamonds ‘critical’ environmental authorization
The permission covers diamond-bearing gravels at the Marsfontein mine, which is next to the company's own Thorny River project.
Chile loads its copper cannon with 13 projects for a bullish 2026
The projects, worth $14.8 billion, are set to advance next year as tight supply and stronger prices reshape the market.
