December 21, 2022

Ivanhoe Mines confirms link to Congo aide in copper corruption case

Ivanhoe struck a deal last year with Vidiye Tshimanga, a top aide to Congo’s President Felix Tshisekedi, the firm said in a statement on Dec. 14.

December 20, 2022

OceanaGold receives permit for Haile gold mine expansion

First ore from the Haile underground remains on-track for delivery in the fourth quarter of 2023.

December 20, 2022

Taseko and Mitsui partner to develop Florence copper project

Mitsui has committed to an initial investment of $50 million to be used for construction of the commercial production facility.

December 20, 2022

Aurubis plans 530 million euros in new investments

Europe's largest copper smelter Aurubis scrapped its existing dividend policy and announced the growth-oriented investments on Tuesday.

December 20, 2022

Nornickel mulls cutting output by 10% next year

The war in Ukraine has impacted the miner by disrupting logistics, insurance and shipping.

December 20, 2022

Morocco’s Managem acquires Iamgold assets in Senegal, Mali and Guinea

Managem, which operates in six African countries, is controlled by the royal family holding company Al Mada.

December 20, 2022

IAMGOLD gets $340 million funding from Sumitomo for Côté gold project; stock jumps

IAMGOLD will remain the operator of the Côté gold project in Ontario.

December 19, 2022

Panama orders First Quantum to halt copper mine operations

Miner must craft a plan within 10 days to halt operations at its Cobre Panama copper mine.

December 19, 2022

OZ Minerals extends exclusivity period for BHP’s $6.4bn bid

The extension of exclusivity period to Dec. 27 comes after the four weeks exclusivity BHP was granted.

December 19, 2022

Fortescue reveals green steel plans but warns task is enormous

The world’s fourth-biggest iron ore miner has joined forces with Japan’s Mitsubishi and European steelmaker Voestalpine to develop zero-carbon iron using hydrogen at a plant in Austria.