December 4, 2023

Evolution Mining to buy 80% stake in Northparkes

Evolution agreed to buy the stake for $400 million in cash and a copper price-linked contingent consideration of up to $75 million.

December 4, 2023

Rio Tinto approves $77 million for Rhodes Ridge project development

Rhodes Ridge is one of the world’s best undeveloped iron ore deposits.

December 4, 2023

Rio Tinto okays new solar farm and battery storage at Amrun bauxite operations

Rio said the project will help it reduce scope 2 emissions at its Weipa operations by up to 10%.

December 4, 2023

Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023

The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons.

December 4, 2023

Congo government extends suspension of ERG’s Boss Mining

The company hasn’t yet addressed issues that led to property destruction and multiple deaths after flooding reached a nearby community in March, the government said.

December 3, 2023

First Quantum asks government for clarity on future of Cobre Panama’s workers

The Canadian miner issued a communiqué informing employees that it is uncertain how many people will be able to continue working at the operation.

December 1, 2023

Long-term sustainability uncertain if Panama operations end, says First Quantum CEO

The company has notified buyers it will not be able to meet agreements due to force majeure.

December 1, 2023

Rio Tinto donates C$400,000 to domestic violence prevention in Canada

Funds to be distributed among 15 organisations that provide essential services to individuals affected by domestic and family violence.

December 1, 2023

Vale Base Metals in search of new CEO

Deshnee Naidoo will step down from her position as CEO effective March 31.

December 1, 2023

Shares of Anglo American and Antofagasta rally after UBS upgrade

Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.