December 6, 2024

Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.

December 6, 2024

Ukraine’s key coking coal mine still operating as Russians close in

The potential closure of the Pokrovsk mine could cause steel production to slump to 2-3 million metric tons next year.

December 6, 2024

Dealmaker sues Randgold for up to $18 million over Barrick merger work

Ian Hannam, formerly one of JPMorgan's top rainmakers, alleges that Randgold had reneged on their agreement.

December 6, 2024

Torex Gold reports fatalities at Mexican underground mine, shares plunge

As a result of the incident, activities at the ELG underground mine have been suspended.

December 6, 2024

Botswana faces worst downturn since 2020 as diamond sales slump

Botswana’s economy may contract by 1.7% this year due to a prolonged downturn in diamond sales.

December 6, 2024

Wheaton strikes $175m streaming deal for Ethiopia’s first commercial gold mine

The mine operator, Allied Gold, said the funds cover Kurmuk's first development phase, with production expected in mid-2026.

December 5, 2024

Battery-electric railcar retrofits deployed at Carmeuse’s calcium mine in Michigan

Intramotev's aim is that initial applications of its technology will include captive routes between mines and processing facilities.

December 5, 2024

LithiumBank’s DLE tests in Alberta produce average grade of 3,100 mg/L

The company said the recent desorption tests were consistent with its goals to minimize the flow volume and reagent costs.

December 5, 2024

Chile aims to invest $83bn in mining through 2033, newspaper says

This does not include a recently announced $14 billion expansion plan by mining giant BHP, the report says.

December 5, 2024

Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends

Rusal first filed the lawsuit in 2022, alleging that Nornickel CEO Vladimir Potanin had violated their shareholder agreement.