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%.

December 18, 2023

SQM ties up with Hancock on $1.1bn bid for Azure Minerals

Azure has received a sweetened $2.48-per-share takeover offer from the pair.

December 18, 2023

Copper Mark awarded to Teck’s Quebrada Blanca and Carmen de Andacollo mines in Chile

Copper Mark is awarded to mines assessed as meeting 32 responsible production criteria including greenhouse gas emissions, community health and safety, respect for Indigenous rights, and business integrity.

December 18, 2023

Skeena closes $60 million financing with Franco-Nevada for Eskay Creek

Franco-Nevada now holds a 2.5% NSR on all of the Eskay Creek properties.

December 18, 2023

Nornickel joins stainless steel factory project, aims to increase nickel sales

Annual production at the new plant is expected to be up to 500,000 metric tons per year.

December 18, 2023

Novo Resources forms JV with SQM on lithium-nickel exploration in Australia

SQM will pay Novo A$10 million for a 75% interest in five tenements held by Novo.

December 18, 2023

Nippon Steel agrees to buy US Steel for $14.1 billion

The deal caps months of uncertainty over the future of the iconic American company.