South32 takes $1.3 billion charge on Arizona project

Australia’s South32 (ASX, LON: S32) announced on Monday a US$1.3 billion non-cash impairment expense on its Hermosa zinc-lead-silver project in southern Arizona, which […]

Cecilia Jamasmie | July 24, 2023 | 6:53 am

Rio Tinto flags cost hike at Argentina lithium project

Rio Tinto (ASX, LON, NYSE: RIO) has flagged a likely cost estimate and schedule review for its Rincon lithium project in Argentina’s Salta […]

Cecilia Jamasmie | July 19, 2023 | 8:03 am

Canada’s competition regulator clears Newmont's acquisition of Newcrest

Canada’s regulator clears Newmont’s acquisition of Newcrest

Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition […]

Cecilia Jamasmie | July 18, 2023 | 1:52 pm

SolGold’s Cascabel copper mine license renewed for 25 years

Ecuador-focused SolGold (LON: SOLG) said on Monday it had been granted a 25-year license renewal for its flagship Cascabel copper-gold project in the Andean […]

Cecilia Jamasmie | July 17, 2023 | 11:40 am

BMW, Volvo, Google and Samsung call for ban on deep-sea mining

Deep-sea mining could hurt US$5.5B tuna industry, study claims

Extracting minerals from the ocean floor would negatively impact the tuna industry as the fish is expected to migrate habitat towards areas of […]

Cecilia Jamasmie | July 11, 2023 | 8:44 am

Artemis Gold receives Fisheries Act permit for BC mine

Artemis Gold (TSX-V: ARTG) has received the permit from Fisheries and Oceans Canada for its Blackwater project in central British Columbia, which […]

Cecilia Jamasmie | July 5, 2023 | 6:49 am

Develop Global to buy Essential Metals for $102 million

Australian base metals explorer Develop Global (ASX: DVP) is buying coveted fellow lithium developer Essential Metals (ASX: ESS) in a share-based deal worth about […]

Cecilia Jamasmie | July 3, 2023 | 8:26 am