Ivanhoe, CITIC complete second major financing for Congo mines
The investment provides Ivanhoe with the equity cushion required to fast-track Kamoa-Kakula’s 6 Mtpa Phase 1 mine to production.
Latest Stories
China iron ore wobbles amid supply concerns, logs 4th weekly loss
The most-traded iron ore contract on the Dalian Commodity Exchange ended the session up just 0.1% at 626.50 yuan ($88.95).
China’s Huayou pulls out of Congo cobalt mine investment after price slump
Prices of cobalt, a key ingredient in batteries for electric vehicles, have fallen by around two-thirds from their April 2018 peak.
Avesoro regains control of Burkina Faso gold mine after security breach
The company had halted operations last week as a precautionary measure after armed artisanal miners attempted to steal ore from the Youga mine’s stockpile.
Orestone closer to drilling at Captain project in British Columbia
The Vancouver-based miner recently received an environmental notice of work mineral exploration permit.
Aurania to start drilling in Ecuador by September
The Toronto-based miner wants to explore the Yawi targets in the southern part of its Lost Cities - Cutucu project.
Philippines’ top high-grade nickel ore miner set to shut down
The mid-sized miner is one of more than two dozen nickel ore producers in the Philippines, China's second-biggest supplier of nickel ores.
Acacia Mining resumes gold exports from North Mara; processing remains halted
While the ban on North Mara’s tailings facility remains, the company can now sell stockpiled gold from the mine.
Newcrest Mining posts 22% jump in annual profit
Australia's biggest listed gold miner posted an underlying profit of $561 million for the full year ended June 30.
