MINING.COM

Crystallex gets priority in proceeds from Citgo owner share sale

The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.

Bloomberg News | July 29, 2023 | 2:03 pm

Samarco files judicial reorganization plan alongside creditors

The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt.

Reuters | July 29, 2023 | 12:50 pm

Southern Copper getting more optimistic on stalled Peru mine

The company has been trying for years to convince local communities of the merits of the Tia Maria project.

Bloomberg News | July 28, 2023 | 4:36 pm

Glencore in advanced talks for Argentina copper stake

Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project.

Bloomberg News | July 28, 2023 | 4:02 pm

Hudbay’s Snow Lake discovery could stretch mine life beyond 2038

The company’s winter drilling program had uncovered a trove of new mineralized zones.

Henry Lazenby | July 28, 2023 | 2:41 pm

Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold

Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.”

Alisha Hiyate | July 28, 2023 | 2:03 pm

Saudi metals deal to test Canada’s new foreign investor rules

Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines.

Bloomberg News | July 28, 2023 | 12:45 pm