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.

December 20, 2023

Antofagasta goes ahead with $4.4 billion Centinela expansion

The second concentrator will add 170,000 tonnes of copper-equivalent a year to the miner's overall production.

December 19, 2023

Nippon Steel’s wily president key to battle over US Steel

Nippon Steel’s stock has climbed 58% since Eiji Hashimoto took the helm in April 2019.

December 19, 2023

AngloGold Ashanti invests in G2 Goldfields as Guyana faces annexation threat

AngloGold is paying C$22.5 million for 11.7% of G2.

December 19, 2023

Diamond sales slowly restart after efforts to halt price crash

The world’s two biggest diamond miners are selling stones again after the industry all but halted supplies.

December 19, 2023

Fortescue settles sexual harassment dispute in A$1.4 million deal

The workplace safety watchdog has dropped 34 charges against the iron ore producer for failing to provide requested documents.

December 19, 2023

PanAm Silver’s La Colorado Skarn project is large but manageable, BMO says

The project in central Mexico’s Zacatecas state has an after-tax net present value of C$1.09 billion at an 8% discount rate with an after-tax internal rate of return of 14%.