Billionaire’s seized mines pose quandary for new Zambian leader
Hakainde Hichilema, who won power in August, has yet to say what he’ll do to revive Konkola Copper Mines Plc.
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Barrick Gold ups its ESG game in Tanzania
It will spend $6 for every ounce of gold sold by its two local mines on improving healthcare, education and access to potable water.
How sugar can help reduce CO2 emissions from coal-fired power plants
A new, sponge-like material made from sugar and alkali metal salts can efficiently trap carbon dioxide in its cavities.
Equinox and Sandstorm create new royalty company
The two companies will sell royalties to Rosedale Resources to create Sandbox Royalties in a transaction worth $93.4 million.
Glencore’s oil-price rigging puts spotlight back on benchmarks
Billions of dollars of physical deals are set against the daily benchmarks, which also act as a reference price for big amounts of derivatives.
Want to dismantle coal power faster? Green the grid
A fresh Australian government, along with an expanded slate of climate-focused independent and Greens legislators, should add further support to the nation’s energy transition.
Investors not impressed by Aurelius’ maiden resource estimate at Aureus East gold project
The Nova Scotia resource estimate holds 78,000 oz. of pit-constrained gold and another 84,700 oz. of underground material.
Sigma Lithium says Brazil project is worth $5.1 billion
The project, known as Grota do Cirilo, is expected to produce 531,000 metric tonnes of lithium per year from two deposits.
Marathon Gold’s EA for Valentine project in Newfoundland available for public comment
The largest undeveloped gold project in Atlantic Canada is about 80 km southwest of the communities of Millertown and Buchan.