July 6, 2022

Potanin a major obstacle to $60 billion Rusal, Nornickel merger

Potanin has said a tie-up could strengthen the companies' defences against any sanctions the West might impose on them.

July 5, 2022

Two Red Lake hopefuls’ shares crater on brewing Barrick beef

Dixie Gold and Red Lake Gold named parties in a statement of claim for $92 million for a cancelled exploration earn-in option on each of the companies’ respective exploration projects.

July 5, 2022

BHP enters commercial agreement to adopt MineHub blockchain platform in operations

"It represents a major milestone — for the industry it demonstrates the viability of a digital industry platform,” says MineHub CEO.

July 5, 2022

Congo administrator orders China’s CMOC to stop exports from Tenke cobalt mine

An industry source and a civil society source told Reuters that exports were continuing as normal, despite the order.

July 5, 2022

Newmont hands $70 million to Peñasquito mine workers

The uncapped profit-sharing bonus of up to 10% supports the continued operation of Peñasquito, Newmont said.

July 5, 2022

Teck Resources named to the Best 50 Corporate Citizens in Canada

Companies are each evaluated on a set of up to 24 ESG indicators including board diversity, resource efficiency, financial management, and clean revenue.

July 5, 2022

Russia’s Potanin weighs big metals merger as defence against sanctions

Nornickel-Rusal merger would create national champion and would also help to resist sanctions, Potanin said.

July 4, 2022

Guinea halts Simandou iron ore project again

Mines minister said Rio Tinto's subsidiary Simfer and China-backed consortium WCS have shown a "lack of willingness" to work on a partnership.

July 3, 2022

Barrick Gold’s Loulo-Gounkoto complex on track to meet production guidance

Loulo-Gounkoto’s 2022 production guidance has been set at 510,000 - 560,000 ounces of gold.

July 1, 2022

Copper, zinc, nickel price rout continues despite rebound in China manufacturing 

“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.