October 10, 2024

Zambia to keep majority ownership of mining permits

The country has set up a special purpose vehicle that will own certain licenses and then seek partners for their exploration and mining.

October 9, 2024

Congo wants to pivot away from China’s dominance over its mining

The plan includes streamlining processes to pay customs and taxes, along with a partnership with the United Arab Emirates.

October 9, 2024

US Strategic Metals, Stillwater Critical Minerals enter MOU

USSM plans to mine what it considers to be the largest cobalt reserve in North America.

October 8, 2024

Rio Tinto buys Arcadium for $6.7 billion cash

Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.

October 8, 2024

Zijin Mining buys Newmont’s Ghana gold project for $1 billion

Underground operations are expected to begin from 2028, extending the mine’s life to 2042 and delivering about 186,00 ounces of gold a year.

October 8, 2024

Marimaca Copper options Chile project to create potential synergies with oxide deposit

The Pampa Medina project consists of 4 mining concessions near the planned processing site of the Marimaca oxide deposit.

October 8, 2024

Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1

Barrick has prioritized growth investments with shareholder returns and loan retirements, distributing $5 billion and cutting debt by $3.5 billion.

October 8, 2024

UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation

The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists.

October 8, 2024

Canada invests $10m in Ontario infrastructure to support critical minerals projects

A total of four companies -- three focused on lithium and one on copper -- have been named the recipients of the funding.

October 8, 2024

Japan’s JX Advanced Metals files IPO application in Tokyo

The metal company, which retains a 30% stake in Caserones, plans to remain in mining and smelting to secure essential metals.