May 11, 2022

Vedanta agrees to suspend lawsuits over Zambia copper mines

Konkola Copper Mines was placed under provisional liquidation after the previous Zambian government accused parent company Vedanta of lying about expansion plans and paying too little tax.

May 11, 2022

Newmont expects to pull trigger on $2bn Peru gold project mid-year

Newmont says the Yanacocha Sulfides project would extend the life of Latin America’s largest gold mine for "decades" beyond 2040.

May 11, 2022

Diamond prices are spiking and even De Beers can’t fill the gap

The market is struggling to source diamonds after the US sanctioned Russia's Alrosa, which accounts for about a third of global supply. 

May 11, 2022

Cameco, Orano up stake in Cigar Lake uranium mine

The uranium producers are buying Idemitsu Canada Resources’ 7.9% interest in the asset for about $144m.

May 10, 2022

SQM, LG Energy Solution partner to drive progress in electro-mobility industry

Companies commit to investigate and develop joint investment projects at different stages of the electro-mobility industry value chain.

May 10, 2022

Chinese miners and battery makers team up in rush for lithium

“Much of the new developments involve smaller players in China looking to secure resource supply overseas," BloombergNEF analyst says.

May 10, 2022

Peru to increase public spending in mining regions to curb social conflicts

Recent disputes between miners and local communities have forced two key copper mines to temporarily halt operations this year.

May 10, 2022

Barrick Gold eyes more copper assets in Africa

The gold giant is searching for copper projects in both Zambia and the DRC buoyed by a looming deficit and high prices for the metal.

May 9, 2022

Zambia ends legal spat with Vedanta over seized copper mines

Vedanta’s Konkola Copper Mines was placed under provisional liquidation in 2019 after the previous Zambian government alleged that the company had lied about expansion plans and paid too little tax.

May 9, 2022

Gold Fields eyes South America expansion despite populist policies

The company is considering buying mid-sized gold assets in Chile and Peru.