July 1, 2022

Chile sticks to plan for new mining profit tax up to 32% linked to copper price

"Historically, few countries have reached economic prosperity with a low tax load" – Chile finance minister, Mario Marcel.

July 1, 2022

Orea negotiating with Nordgold to take full control of Montagne d’Or JV

Montagne d'Or is an open-pit gold development project with potential to increase its reserves through infill and expansion drilling.

July 1, 2022

Zijin adds China mine in race to join lithium’s global top tier

The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province.

July 1, 2022

Vale secures natural gas supply for 100% of pelletizing ops

The deal is set to allow Vale's Sao Luis plant to stop running on fuel oil when the supply starts in 2024.

June 30, 2022

Nornickel to discuss cancellation of treasury shares

The company currently holds 791,227 treasury shares after last year's buyback.

June 29, 2022

Rio Tinto, Corona Canada pilot country’s first specially-marked low carbon can

Rio Tinto will leverage insights from its initiative to allow consumers to use QR codes to see exactly how their products were made from mine to market – including sustainability data.

June 29, 2022

Britain sanctions Russia’s “Nickel King” Vladimir Potanin

Sanctions on Russia’s second richest man and president of Nornickel, target Vladimir Putin’s inner circle, the UK government said.

June 28, 2022

At Australia mine, Glencore balances reforestation drive, coal profit

Glencore is Australia's largest coal producer with 17 active mining operations.

June 28, 2022

Updated expansion study for Alamos Gold’s Island mine ups capex in return for ‘more profitable operation’

At a 5% discount rate, the phase 3+ study forecasts the project will generate a post-tax NPV of $2 billion, compared to $1.5 billion previously.

June 28, 2022

Prefeasibility update on Seabridge’s KSM gold project shows 426% increase in after-tax NPV

KSM is considered to be one of the largest undeveloped gold projects in the world measured by reserves.