BHP and Noront terminate support agreement
BHP and Australian billionaire Andrew Forrest’s Wyloo Metals had been engaged in a tug of war with competing offers for Noront since July.
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ALROSA names diamond after folklore heroine to honor indigenous culture
Kyndykan was a young girl who was miraculously found alive 200 years ago by Yakut hunters near the Verkhoyansk Mountains in an ancestral settlement completely wiped out by smallpox.
First kilo of blockchain tracked gold shipped from Burkina Faso on Minexx platform
Burkina Faso produces 34 tonnes of artisanal gold per year, but only 300kg was formally exported in 2019 due to a lack of traceability and lower export taxes in neighbouring countries.
Most commodities prices to average lower in 2022 — report
Out of the 27 key commodities, Fitch sees 19 of them averaging lower on a year-on-year basis.
Shift to less liquid assets raises gold’s investment appeal — report
The shift to risker and less liquid assets strengthens the case for an allocation to gold, given its unique combination as a highly liquid diversifier, that can reduce portfolio volatility, the World Gold Council says.
Rio Tinto appoints first female president for Diavik diamond mine
Angela Bigg, previously general manager, operations, will be the first female to lead the mine and its 1,100 employees.
Blockchain could answer big supply chain questions, says BHP
"In two separate trials, we’ve used blockchain to exchange data and documents digitally, improving efficiency and transparency and reducing bureaucracy, risk and red tape," says BHP chief commercial officer.
COP26 fails to address supply chain challenges in metals and mining sector — report
Today, the gap between ambition and action is greater than ever, and the part that companies involved in the industry will be required to play, remains hazy at best, says WoodMac.
Aguila Copper acquires copper-zinc-gold resources in Manitoba, stock surges
The company secured rights to earn up to 90% of 28 mining claims and 1 mineral lease totaling 4,968 Hectares covering the Sherridon mining district.
Barrick’s Bulyanhulu acquires six new prospecting licences in Tanzania
The licences are adjacent to the Bulyanhulu mine and have the potential to add significant mineral reserves to Barrick’s asset base in Tanzania, the company said
World’s 10 biggest copper mines 2026
Ranked: the world's 10 biggest copper mines by 2025 production — from Escondida's 1.3M tonne output to Oyu Tolgoi. Updated rankings with mine-by-mine data.