December 22, 2023

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses.

December 22, 2023

Abu Dhabi’s IRH to invest $1.1 billion in Mopani copper mine

Zambia had been seeking a new investor for Mopani since it took control of the assets from Glencore in 2021.

December 22, 2023

Diamond output of sanctions-hit Alrosa down in 2023, stockpiling likely

Alrosa said on Friday that its 2023 output fell by 2.8% year on year to 34.6 million carats.

December 21, 2023

Gold Fields sells Asanko stake in $170 million deal

The South African firm has sold its 45% stake in Ghana's Asanko gold mine to joint venture partner Galiano Gold.

December 21, 2023

UK fraud watchdog must pay damages to ENRC, court rules

ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to…

December 21, 2023

Agnico Eagle invests in Finland-focused FireFox Gold

The $1.4 million private placement gives Agnico a 10.9% holding in FireFox.

December 20, 2023

First Quantum committed to Panama amid mine dispute, CEO says

First Quantum received an initial “framework” from Panamanian authorities on Tuesday for closing the mine by June 2024.

December 20, 2023

Codelco gets double downgrade at S&P as copper slump swells debt

Codelco’s production levels are at the lowest in a quarter century.

December 20, 2023

Seabridge expands Iskut’s Bronson Slope gold deposit with 6.36 g/t in best hole

Establishing the orientation of the mineralized zones is still in progress.

December 20, 2023

Reunion Gold settles claim brought by Barrick over alliance termination

Reunion's main focus remains on exploring and developing its 100%-owned Oko West project in north-central Guyana.