January 3, 2024

EU adds Alrosa and its CEO to sanctions list

Alrosa accounts for over 90% of all Russian diamond production.

January 2, 2024

Rio Tinto appoints two new non-executive directors to board

Martina Merz will join the Board on February 1 and Sharon Thorne will join on July 1 2024.

January 2, 2024

Condor Resources, Teck team up at Cobreorco copper-gold project in Peru

Teck has a first option to earn a 55% interest over three years, and the two companies will form a joint venture thereafter.

January 2, 2024

Fortescue says iron ore cars derailed at Western Australia operations

Local media earlier reported that the Fortescue rail line into Port Hedland, Australia’s iron ore export epicentre, remained out of action on Tuesday.

January 2, 2024

AbraSilver farms out La Coipita project in Argentina to Teck

Teck will have the option to acquire an 80% interest in La Coipita by funding cumulative exploration expenditures of $20 million over a five-year period.

January 2, 2024

Agnico Eagle invests $17 million for 12% of Canada Nickel

Canada Nickel’s flagship project is the Crawford nickel sulphide deposit in Ontario.

January 2, 2024

Gold Fields delays start of $1bn Chilean project until April

First gold production from the Salares Norte project in Chile is now expected in the second quarter of the year.

January 2, 2024

Vedanta faces investor reckoning over $3.2 billion of bonds

Bondholders have until Jan. 2 to give an early consent on a plan to push out due dates on $3.2 billion in bond repayments.

December 28, 2023

Saudi mining company Maaden finds new gold deposits

The Saudi Arabian Mining Company said it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine.

December 28, 2023

Chile president praises Codelco, SQM lithium deal ensuring state control

SQM said it would partner with Codelco for the future development and production of lithium in the Atacama salt flat.