Omai Gold Mines boosts indicated resource by 2 million oz.
Compared to the last resource estimate in October 2022, the indicated ounces represent a 4% increase.
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Global Reporting Initiative launches sustainability standard for mining at Indaba
While European Union sustainability reporting standards will soon come into effect, there is, as of yet, no sector standard for mining.
Cameco doubles 2023 uranium sales, prices compared to year earlier
Uranium spot prices more than doubled to $100/lb. at the end of January 2024.
Zimbabwe takes full control of controversial state miner
Kuvimba holds some of Zimbabwe’s best mining assets, which were once owned by a company controlled by US- and UK-sanctioned tycoon Kudakwashe Tagwirei.
Canada Nickel plans to raise $1 billion for processing plant
The processing plant in Ontario is expected to begin production in 2027 and process 80,000 tonnes of nickel annually.
Anglo American posts 24% rise in annual copper output
The company left its 2024 copper output guidance at 730,000-790,000 tons.
Portuguese prosecutors seek to annul environment permit for Savannah lithium mine
The Savannah mine was part of a wider probe last year by Portuguese prosecutors into alleged illegalities in lithium and "green" hydrogen deals.
Capstone raises $265 million to advance Chilean copper projects
Proceeds will go towards the Mantoverde optimized project and Santo Domingo detailed engineering.
Palladium price drops below platinum for first time in five years
Palladium fell by 39% in 2023 after rising prices from 2018 to 2022 caused the auto sector, accounting for 80% of demand, to start replacing it with cheaper platinum in autocatalysts.
