Panama orders First Quantum’s copper mine closure President Laurentino Cortizo said "the orderly and safe closure of the mine" would begin as soon as top court ruling became official. Cecilia Jamasmie | November 29, 2023 | 11:57 am
Dundee Precious extends Chelopech mine life in Bulgaria to 2032 The mine is expected to remain in production to 2032. Staff Writer | November 29, 2023 | 11:23 am
Bonterra grants 70% option on Gladiator and Barry gold projects to Osisko Mining Osisko has agreed to spend C$30 million on the properties over the next three years and will make an up-front payment of C$5 million. Staff Writer | November 29, 2023 | 11:17 am
Gold price inches closer to record high as bets for Fed pivot beef up Gold has rallied more than 11% since early October, initially fueled by haven buying in the wake of the Israel-Hamas conflict. Bloomberg News | November 29, 2023 | 10:44 am
Brazil authorities expect Mariana dam disaster deal to close in December According to the newspaper O Tempo, the compensation is expected to exceed that of the Brumadinho disaster, for which Vale paid $7.72 billion. Staff Writer | November 29, 2023 | 10:33 am
Implats to restart platinum mine after fatal accident The company said it will resume production at its Rustenburg operations on Thursday. Bloomberg News | November 29, 2023 | 10:22 am
Nippon Steel to hunt for more coking coal, iron ore assets Japan's top steelmaker already owns stakes in several coking coal mines. Reuters | November 29, 2023 | 10:05 am
Exxaro widens critical metals search to greenfield assets The South African coal miner plans to acquire manganese and copper assets. Reuters | November 29, 2023 | 9:58 am
Ivanhoe Electric JV kicks off Saudi exploration campaign The joint venture has exclusive access to approximately 48,500 square kilometres of land on the Arabian Shield. Staff Writer | November 29, 2023 | 9:32 am