Ethiopia revokes licences of 63 mining companies
The companies were said to have breached contract rules, failed to renew their licenses, or not made royalty payments.
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Condor starts initial site preparation at La India
Total area being cleared is 11.26 hectares and is estimated to be completed in 3 to 4 months.
Freeport CEO sees banner years ahead after gains won in ‘battle’
CEO Richard Adkerson expects copper volumes to expand by 20% and gold by 70% next year, with rising outputs lowering costs.
First Cobalt secures C$10m public funding for refinery
The refinery would become the sole producer of refined cobalt in North America.
Newcrest signs 15-year renewable power deal for Cadia
This deal is expected to deliver an approximate 20% reduction in Newcrest’s greenhouse gas emissions.
Karora shares up on new results in Western Australia
Company announced a a 334% increase in consolidated gold Proven and Probable Mineral Reserves for its Beta Hunt and Higginsville operations in Western Australia.
De Beers raises diamond prices for first time since pandemic
Prices increased by about 2% to 3% at the diamond giant’s final sale of the year last week.
SolGold faces rebellion from top shareholders
Mining heavyweights that backed the company and its huge Ecuadorian copper deposit are growing increasingly frustrated by the management’s decisions.
Equinox to buy Premier Gold in $480 million all-stock deal
The friendly deal hands Equinox Premier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.