May 12, 2021

Codelco to break ground on $1.4 billion Salvador copper project

Codelco is in the midst of a 10-year, $40 billion initiative to upgrade its sprawling but aging mines.

May 12, 2021

North America’s mining sector saw $1.34bn worth of cross border deals in Q1 – report

North America’s metals & mining industry saw a rise of 10.50% in cross border deal activity during Q1 2021.

May 12, 2021

Barksdale acquires Arizona copper projects from Rio Tinto

The company has more than doubled its footprint in the largest copper producing US state.

May 12, 2021

Newcrest begins decline development at Havieron

Pre-Feasibility Study is expected to be released in the second half of 2021.

May 12, 2021

Strong demand for diamonds, rough and smooth, boosts Alrosa sales

Global demand for precious stones has been recovering from the impact of the covid-19 pandemic since the second half of 2020.

May 12, 2021

Russia should get firms to pay environmental fines from profits, says PM

Russian companies normally pay a 20% profit tax, of which 3% goes to the federal budget and 17% to regional ones.

May 11, 2021

Grupo Mexico plans $3.1bn Baja, refining spend

The six-year investment blueprint includes a $2.3bn expansion to existing smelting capacity in Sonora and $815m for major new electricity lines for the Baja California peninsula.

May 11, 2021

Coeur takes 17.8% stake in Victoria Gold

After the transaction, Orion Mine Finance will still be Victoria’s largest shareholder.

May 10, 2021

Rio Tinto develops new atomised steel powder for 3D printing

Company has developed and tested a new water atomised steel powder designed for 3D printing applications at its Fer et Titane metallurgical complex in Sorel-Tracy, Quebec.

May 10, 2021

Wheaton CEO sees deal opportunities growing faster than the competition

A recent report by McKinsey & Company found streaming and royalty deals still only made up a fraction of overall debt and equity financing in the mining industry.