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. Reuters | October 8, 2024 | 10:59 pm
GreenX Metals awarded $325 million in dispute with Poland over coal project The company launched international arbitration proceedings in 2020, arguing Warsaw breached bilateral treaties by blocking its investment in two coal mines. Staff Writer | October 8, 2024 | 4:42 pm
Lithios secures $12 million to scale its lithium extraction technology The company says its ALE technology can unlock sources of lithium previously considered uneconomical and inaccessible. Staff Writer | October 8, 2024 | 3:00 pm
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. Staff Writer | October 8, 2024 | 2:46 pm
Vale swaps head of iron ore business Rogerio Nogueira, Vale's current director of product and business development, was appointed to fill the role on an interim basis. Reuters | October 8, 2024 | 2:12 pm
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. Northern Miner Staff | October 8, 2024 | 2:03 pm
Fortune Bay reports 13% U3O8 drilled at Murmac uranium project The drilling program was funded by Aero Energy, which is earning a 70% interest in the project. Staff Writer | October 8, 2024 | 11:38 am
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. Reuters | October 8, 2024 | 11:11 am
Arcadium’s vast lithium portfolio lures Rio at the right time So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans. Reuters | October 8, 2024 | 10:22 am