Gold Fields CEO Griffith leaves after failed Yamana takeover
Martin Preece, who runs the company’s South Deep gold mine in South Africa, will take on the role of interim CEO while the board searches for a new boss.
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Canada’s mining minister wants minerals projects built within a decade
Natural Resources Minister Jonathan Wilkinson’s comments come days after his ministry published a critical minerals strategy that pledged to review Canada’s approval process for developing mines.
Chilean water regulator fines Lundin subsidiary over sinkhole
The DGA water regulator said the mining works carried out by the firm managing the Alcaparrosa Mine had caused a puncture which permanently damaged the Copiapo River aquifer.
Western countries forge green alliance for getting electric vehicle minerals
Announced at the COP15 talks on biodiversity in Montreal, the Sustainable Critical Minerals Alliance would support these standards for elements like lithium, cobalt and nickel.
US finalizes $2.5 billion loan to GM, LG battery joint venture
The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan.
Peru keeps churning out copper and zinc despite political chaos
The only case of mining disruptions is at MMG’s Las Bambas, where a pre-existing community conflict has blocked the main entrance.
Ascot arranges $146m financing package for construction of Premier gold project
The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.
Gold price slips ahead of US inflation data, Fed decision
Data on Friday showed US producer prices rose slightly more than expected in November, reinforcing the view that the Fed may have to keep interest rates high.
Metalla adds Barrick’s Lama project to royalty portfolio
Total consideration will be $7.5 million in common shares and cash.
