October 5, 2023

Lundin scion leads group raising $500 million for mining fund

Nordic Natural Resources Capital will take “sponsorship” stakes and invest in stage.mining.companies at development or construction phases of their projects.

October 5, 2023

Codelco loses CFO in latest blow to world’s top copper miner

Alejandro Rivera resigned as CFO a day after Codelco’s investment-grade credit rating was cut one notch by Moody’s.

October 5, 2023

Anglo CEO says miners must make “tough decisions” to remain profitable

Duncan Wanblad said on Thursday stage.mining.companies have to confront tough decisions such as cutting costs as weak metal prices hit earnings.

October 4, 2023

Spotlight still on Vedanta $3 billion debt despite spinoff plan

While equity investors gave the demerger plan a thumbs up, Vedanta’s dollar bonds have tumbled.

October 4, 2023

First Quantum says open to adjusting contract for Panama operations

The company said in a statement it will collaborate with the government to ensure the contract's approval.

October 4, 2023

Suncor to buy Total’s Fort Hills stake in $1.07 billion deal

The acquisition would add 61,000 barrels a day of net bitumen production capacity and 675 million barrels of proved and probable reserves.

October 4, 2023

Taseko boosts copper production at Gibraltar mine after upping stake

Gibraltar is the second-largest open pit copper mine in Canada.

October 4, 2023

Lithium stocks tumble amid declining prices

Ganfeng Lithium and Tianqi Lithium have plunged 51% and 32% respectively since January.

October 4, 2023

Sibanye CEO says Zambia’s Mopani Copper Mines investment not ‘onerous’

The precious metals producer is on the shortlist of potential buyers.

October 4, 2023

Royal Canadian Mint introduces single-source bullion coin using gold from Éléonore mine

The coin weighs one Troy ounce and is 99.99% pure with a face value of C$50.