June 19, 2024

K92 Mining enters new loan, offtake deal with Trafigura

The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine.

June 19, 2024

Trafigura-led group orders 275 wagons for US-backed Lobito rail

The Lobito corridor is seen as a key export route from mines in Congo and Zambia for copper and cobalt.

June 19, 2024

Gemfields fetches almost $69 million at ruby auction

The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.

June 19, 2024

Mineral Resources to shut Yilgarn iron ore hub

The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub.

June 18, 2024

Another report calls out red tape in Canada’s resource sector

C.D. Howe Institute warns that long timelines for major project approvals of up to 10 years scare away investors and delay projects.

June 18, 2024

Codelco-SQM lithium deal can proceed without shareholder approval, regulator says

Tianqi, which holds about 22% of SQM shares, has repeatedly called for a vote by all shareholders.

June 18, 2024

McEwen Mining raises $22 million to fund Fox Complex exploration in Ontario

The Fox Complex comprises several mine properties covering 70 sq.km. along the Destor-Porcupine fault, also known as the ‘Golden Highway’.

June 18, 2024

US energy storage market hits installation record in Q1

New record marks the highest storage capacity ever installed in a first quarter in the US, representing an 84% increase from Q1 2023.

June 18, 2024

Debswana reports fatality at its Jwaneng mine

The incident, which took place on Monday, involved a contractor.

June 18, 2024

Nevada Copper starts sales process amid bankruptcy proceedings

A US court has granted the miner provisional approval to borrow $20m out of a $60m loan to keep paying salaries and cover other needs.