March 11, 2021

Nonferrous metals exploration budget down 11% in 2020 – report

The global budget was $8.7 billion in 2020, down from the $9.8 billion registered in 2019, S&P found.

March 10, 2021

Global mining cross border M&A deals worth $7.7bn in Q4 – report

The value marked an increase of 593.7% over the previous quarter.

March 10, 2021

Zimbabwe says China’s Tsingshan to build iron ore mine, steel plant from May

Tsingshan signed a $1 billion outline agreement with Zimbabwe in June 2018 to build a 2 million tonne-per-annum steel plant.

March 10, 2021

More platinum deficits to come after record undersupply in 2020 – WPIC

By disrupting mining activity, the coronavirus pandemic affected platinum supply much more than demand, pushing the roughly 8-million ounce market into a deficit of 932,000 ounces last year.

March 10, 2021

Danakali looks into solar, wind to power Eritrea potash project

The Australian miner says that both energy sources are viable power alternatives for its 100%-owned Colluli sulphate of potash (SoP) project.

March 10, 2021

Petra Diamonds completes restructuring

The diamond miner has concluded a reorganization, aimed at recapitalizing the business.

March 9, 2021

Barrick’s Bristow and Blackrock’s Hambro discuss ‘profits with purpose’ at PDAC

“It's a fundamental shift – people are investing from a different, or an evolved perspective."

March 9, 2021

Biden reimposes sanctions on mining magnate Dan Gertler

The Trump administration had quietly issued a special license that exempted Gertler from the sanctions until Jan. 31, 2022.

March 9, 2021

Ivanhoe completes 80% of phase one work at Kakula

First production at the copper mine in the Democratic Republic of Congo targeted for July.

March 8, 2021

Friedland-backed HPX to fast-track Guinea iron ore project

High Power Exploration (HPX) raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea.