September 6, 2024

African Rainbow Minerals pivots to chrome and copper after platinum price slump

The basket price of PGMs fell about 40% last year and the slide has continued into 2024.

September 6, 2024

Perseus Mining ups stake in Guinea-focused miner

Perseus Mining's interest in Predictive Discovery, which is advancing the Bankan gold project in Guinea, is now 19.9%.

September 6, 2024

Nexa Resources sells Peru copper asset for up to $29 million

Nexa said the buyer, Canada’s Olympic Precious Metals, will initially pay $4.3 million, with rest subject to milestones being met.

September 5, 2024

Mesabi Metallics claims court victory in antitrust case over Minnesota iron ore project

In the antitrust suit, Mesabi alleges that Cleveland-Cliffs unlawfully impeded it from building its iron ore mine and pelletizing plant in Minnesota.

September 5, 2024

Nippon Steel seeks to address concerns on US Steel deal

Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts.

September 5, 2024

Australian Pacific produces first coal in 17 years at Dartbrook mine  

The mine, in the Hunter Valley region, was placed on care and maintenance in late 2006 because of operational difficulties and lower coal prices.

September 5, 2024

Thesis Gold boosts investment return at Lawyers-Ranch project in BC

The now-merged adjacent projects near Dease Lake in northern BC has an after-tax net present value just shy of C$1.3 billion.

September 5, 2024

CHART: Codelco’s QB stake may not be enough to stop BHP taking copper crown

Codelco's 10% stake in Teck's Quebrada Blanca copper mine is up against BHP's ambitious Australian expansion plans.

September 5, 2024

Augusta delivers feasibility study for construction-ready gold project in Nevada

The company said the Reward project could be in production within 12 months of commencing full-scale construction.

September 5, 2024

Race for critical minerals affect African nations most, South Africa says

Ramaphosa made the remarks in his speech at a summit for the Forum on China-Africa Cooperation.