December 13, 2022

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.

December 12, 2022

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.

December 12, 2022

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.

December 12, 2022

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.

December 12, 2022

Teck’s new CEO looks to tap cash from coal to fuel copper expansion

Copper represents less than a fifth of the company's sales.

December 9, 2022

Inflation is the fourth horseman

Over the past year, relentlessly rising interest rates (because of the global fight on inflation), are putting pressure on borrowers, who are reportedly deeper in the red than ever before.

December 9, 2022

Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid

The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government.

December 9, 2022

Canada fleshes out details of Critical Minerals Strategy

A significant portion of the total funding - C$1.5 billion – is allocated over seven years for constructing infrastructure for critical minerals projects in remote areas.

December 9, 2022

Canada places big bets on critical minerals

Remoteness, regulatory sclerosis still pose barriers to mine development in Canada, the federal government says.

December 9, 2022

Endeavour Silver announces 600moz indicated resource for newly acquired Pitarrilla project

Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty.