Director of Brazilian mining agency arrested in $300M corruption probe
Authorities say bribes enabled illegal iron ore mining in protected areas.
Latest Stories
Lithium Ionic boosts projected returns for Brazil project
Bandeira is now projected to deliver a post-tax net present value of $1.45 billion instead of the $1.31 billion.
Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe plans to issue 57.5 million common shares to the Qatar Investment Authority.
Hong Kong expands gold market and invites China to participate
Hong Kong pledges to increase the city’s capacity for holding bullion to more than 2,000 tons over the next three years.
Syrah Resources gets Tesla reprieve in graphite supply deal
The 2021 Tesla contract, worth 8,000 tonnes annually for a four-year period, underpins Syrah's Louisiana Vidalia facility.
Deutsche Bank lifts gold price forecast to $4,000
The bank raised its forecast from a previously expected $3,700/oz in April.
Ecuador’s President casts doubt on Dundee’s Loma Larga
President Daniel Noboa has tasked Azuay authorities with project approval, as province seeks to revoke Loma Larga's environmental permit.
BHP, Lundin Mining bet $400M on Argentina copper hub
Their 50:50 JV, Vicuña, plans to seek approvals and begin production at a multibillion-dollar copper project in 2030.
Orion Minerals signs deal with Glencore unit for up to $250M funding
Funding is for its Prieska copper-zinc project in South Africa.
