September 20, 2022

Japan’s JOGMEC, Sojitz invest $9m in Lynas

The miner plans to invest $335 million to expand capacity at its Mt Weld mine.

September 19, 2022

Fortescue to spend $6.2bn to rid iron ore ops of fossil fuels by 2030

The investment includes installing an additional 2-3 gigawatts of renewable energy generation and battery storage.

September 19, 2022

Gold miners look beyond Fed hikes to predict $1,800 comeback

Not even the most hawkish Federal Reserve in decades can beat down the exuberance of gold enthusiasts at the industry’s biggest annual gathering.

September 19, 2022

Skeena announces bought deal to fund Eskay Creek NSR buyback

The latest financing package would allow Skeena to buy back a 0.5% NSR royalty for a total of $17.5 million.

September 19, 2022

Kinross Gold to buy back $300 million of shares following talks with Elliott

The company said it will repurchase the shares over the remainder of this year and will allocate 75% of its excess cash for more buybacks in 2023 and 2024.

September 19, 2022

Peru communities lift blockade disrupting key copper transport road

A meeting with Prime Minister Aníbal Torres has been set for Tuesday.

September 18, 2022

OZ Minerals said to seek A$10 billion in potential sale

BHP has been considering raising its bid for OZ Minerals and could increase its proposal as soon as this month.

September 17, 2022

Russia’s secret gem sales are dividing the diamond world

There’s a handful of Indian and Belgian buyers who are snapping up large volumes of Russian diamonds at lucrative terms.

September 17, 2022

Nornickel plans to raise employees’ stake in mining giant, says top shareholder

Nornickel plans to increase the equity holdings of employees and other individuals to collectively comprise 25% of the company, up from 10% now.

September 16, 2022

B2Gold’s drill results from Anaconda point to further growth in Mali

The company has completed about 116,000 metres of drilling on targets near the Fekola mine and the Anaconda area this year.