April 9, 2024

Guinea’s Simandou iron ore project secures $15 billion financing

The project is expected to add around 5% to the global seaborne supply when it comes online.

April 9, 2024

Equinox targets May first gold at Greenstone

The project is a 60/40 partnership with New York-based Orion Mine Finance.

April 8, 2024

Fortescue partners with OCP Group for green energy development in Morocco

The equal partnership with the Moroccan fertilizer producer includes the development of manufacturing facilities and an R&D hub.

April 8, 2024

Vale walks away from exploration JV with Serabi Gold

Serabi Gold noted it remains optimistic as there already are “a number of other groups keen to partner” with them.

April 8, 2024

Rio Tinto promotes copper boss Bold Baatar to commercial chief

Baatar's role in the expansion of Oyu Tolgoi and the $6.2bn Simandou iron ore project highlights his suitability for the post.

April 7, 2024

First Quantum alerts Panamanian authorities of dangers of long-term concentrate storage at disputed copper mine

Regular monitoring has detected an increase in the chemical reactions that generate dangerous gases and a rise in the temperatures of the copper concentrate stored at the Cobre Panamá mine.

April 7, 2024

Andrew Forrest urges China to demand greener nickel

The chairman of Fortescue Metals said electric vehicle manufacturers should be wary of Indonesian nickel.

April 5, 2024

Uranium stocks soar on bullish Goldman Sachs call, Kazakhstan flooding

Uranium spot prices have jumped some 40% over the last year as the world’s largest miner, Kazatomprom, has struggled to lift production.

April 5, 2024

Big 5 diversified mining companies are having a rough 2024

World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks.

April 5, 2024

Biggest gold miners are missing out on bullion’s record run

Despite gold hitting all-time highs almost daily, Newmont shares are down about 6% this year.