Resolute Mining CEO quits following detention in Mali
Terry Holohan is leaving the gold miner after taking time away following his release by Mali’s ruling military junta.
Cecilia Jamasmie , Editor-in-Chief
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Gemfields halts emerald sales over Zambia export tax
Before the 15% export tariff, Gemfields suspended production at Kagem, citing market saturation from discounted emeralds.
Chile orders definitive closure of Lundin’s Alcaparrosa mine
Lundin must permanently close its Alcaparrosa copper mine and faces a $3.41 million fine, which it can either pay or appeal.
Resolute hit by rising costs, lower output in Mali and Senegal
It expects lower production and higher costs in 2025 as its Mako mine in Senegal depletes and fiscal changes in Mali drive up expenses.
China funnelled $57 billion to control critical mineral supply chain
A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades.
Rio Tinto bets on Trump support for long-stalled Arizona copper mine
Rio has faced a 12-year permitting battle to develop the Resolution mine, which could meet 25% of US domestic copper needs.
Teck earmarks up to $3.9 billion to boost copper output
Canada’s largest diversified miner reported a 50% increase in annual copper production for 2024, reaching 446,000 tonnes.
Leaked documents show world’s biggest miner quietly shelved billions in climate projects
Leaked documents reveal BHP delayed climate projects in Western Australia despite internal warnings about reputational risks.