January 16, 2024

Most cobalt producers loss-making after 2023 price slump, says ERG

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop.

January 16, 2024

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

January 15, 2024

Royal Road JV wins bid for Saudi exploration licence

The JV has committed to minimum expenditure of $5.5 million over the first five years.

January 15, 2024

Ma’aden, Hexagon partner to launch Middle East’s first digital mine

Hexagon’s life-of-mine technology solutions will be deployed at the Mansoura Massarah gold mine.

January 15, 2024

India’s state-owned KABIL signs $24 million lithium exploration deal in Argentina

India has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile.

January 12, 2024

Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project

The South Korean battery maker can acquire a 10% equity interest in the Crawford project for $100.5 million.

January 12, 2024

Uranium price jumps to 15-year high as top miner flags shortfall

Kazatomprom said shortages of sulfuric acid and construction delays may result in missed production targets for the next two years.

January 12, 2024

Posco, Lithium South to jointly develop Hombre Muerto project

Deal avoids a lengthy, costly, and uncertain legal undertaking, as both companies hold claims to the same ground, but in different provinces. 

January 11, 2024

Vale’s $10 billion spend on Canada targets existing potential

Vale Base Metals chairman Mark Cutifani is undertaking a unit-wide asset review.

January 10, 2024

Saudi Arabia signs mining deals with four nations

The country also announced a $182 million mineral exploration incentive program.