Zijin to buy Rosebel from Iamgold for $360 million
The Chinese miner will acquire Iamgold's 95% interest in Rosebel Gold Mines, which owns the Rosebel operation and 70% of Saramacca in Suriname.
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The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate.
Rio Tinto tempers annual iron ore shipments outlook as demand weakens
Rio has been battling with a surge in production costs while iron ore prices continue to slide.
South Africa port staff union agrees to pay deal, calls off strike
Mining companies have been particularly hard hit by the strike.
Three British Columbia First Nations sign LNG development agreement
Haisla, Nisga’a sign energy, climate action pact with Halfway River First Nation.
Artemis closes $127 million financing for Blackwater gold project
Blackwater has proven and probable reserves of 334.3 million tonnes grading 0.75 g/t gold and 5.8 g/t silver.
Buybacks ramp up in Australia on commodity rallies, M&A drop
The increasing breadth of repurchases reflects extra profits from mining and energy firms, which are among the winners from surging commodity prices resulting from the war in Ukraine.
Russian mining giant told it’s not welcome at gold industry bash
The London Bullion Market Association has barred Norilsk Nickel from its annual precious metals conference.
Column: Xi’s commitment to energy transition is mixed for commodities
Commodity markets were given little to cheer about in President Xi Jinping’s address to the Communist Party Congress.