January 16, 2024

Rio Tinto sees stimulus boost in China to drive gradual recovery for iron ore demand

While prices of iron ore closed 2023 about 20% higher, they’ve lost about 8% so far this year.

January 16, 2024

First Quantum offers voluntary retirement to over 1,500 Panama mine staff

The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers.

January 16, 2024

Seabridge boosts Courageous Lake M+I resource to 11 million oz. gold

Courageous Lake now has an after-tax net present value with a 5% discount of $523 million.

January 16, 2024

Indonesia approves Freeport’s mining quota for 2024-2026

Indonesia last year changed mining production plans from annual to valid for three years.

January 16, 2024

Uranium Energy to reboot Christensen Ranch ISR operation in Wyoming

First production is expected during August of this year and will be funded with existing cash on the company's balance sheet.

January 16, 2024

Barrick Gold reports lower preliminary gold output for 2023

Barrick reported a 2.17% fall in 2023 gold output.

January 16, 2024

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

January 15, 2024

Rio Tinto’s salt ops JV to sell Lake MacLeod to Liveris-backed group

The Lake MacLeod salt and gypsum operations are located in Carnarvon, Western Australia.

January 15, 2024

Centamin propels modern mining rules in Egypt

Centamin plans to connect to the country’s electrical grid and company solar panels this year.

January 15, 2024

Rio Tinto’s full-year iron ore shipments rise 3%

The shipment figure met Rio Tinto's guidance of between 320-335 million metric tons for the calendar year.