November 21, 2024 Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence The companies announced the verified discovery of one of the largest palladium mineral systems in Australia.
November 21, 2024 Mexico’s proposed higher mining royalties could block nearly $7bn in investments The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
November 21, 2024 Ivanhoe’s Kipushi zinc mine in the DRC officially reopens The restart marked exactly a century since the mine first went into production.
November 21, 2024 Troilus Gold brings potential funding from credit agencies to $1.3 billion The company has signed an additional LOI with Export Development Canada worth $300 million.
November 21, 2024 Osisko Development surges on permitting milestone for Cariboo gold project The company can now move forward the construction and operation of the underground mine, which is expected to deliver 164,000 oz. of gold production annually.
November 21, 2024 Solaris exits Canada for Switzerland with new CEO, board and spin-out plans The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
November 21, 2024 Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit The transaction is expected to close in early 2025.
November 21, 2024 Alrosa plans production cuts and staff reduction for 2025 The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.
November 21, 2024 Beleaguered Ellison faces MinRes shareholders The board of under-siege Mineral Resources faced grilling in Perth over a governance scandal, amid unexpected expressions of support.
November 21, 2024 Marimaca Copper eyes ASX dual listing to boost Chile project The Canadian miner has reportedly engaged law firm Thomson Geer to finalize a prospectus for listing on the ASX before Christmas.
Rio, Fortescue change benchmark used for China iron ore pricing Both Rio and Fortescue will stop using S&P Global Energy Platts Iron Ore Index — the industry’s seaborne benchmark — for term contracts. December 30, 2025 | 09:18 am
