Turquoise Hill stock crushed after Oyu Tolgoi funding gap swells by $1.2 billion

Rio-owned TRQ says underground expansion funding requirement increases to $3.6bn and open pit metal production delayed beyond 2024.

Cecilia Jamasmie | October 14, 2021 | 4:08 pm

South32 buys stake in KGHM’s Chilean mine for $1.55bn

Sierra Gorda will be South32’s second-largest deal since it listed in 2015 and will add 70,000 to 80,000 tonnes of copper to its portfolio.

Cecilia Jamasmie | October 14, 2021 | 7:08 am

Namdeb, a joint venture between the Namibian government and the diamond giant, has extended its land-based mines’ life by 20 years.

Cecilia Jamasmie | October 14, 2021 | 7:01 am

The copper-producing nation, which holds the world’s largest known lithium reserves, will tender for five quotas of 80,000 tonnes each.

Cecilia Jamasmie | October 14, 2021 | 3:43 am

The New Caledonian miner will provide the US carmaker with about 42,000 tonnes of the metal needed to produce batteries that power its EVs.

Cecilia Jamasmie | October 13, 2021 | 3:53 am

The Amapa iron ore mine is expected to generate 5.3 million tonnes of iron ore a year once at full capacity.

Cecilia Jamasmie | October 12, 2021 | 10:00 am

Kamoa-Kakula Phase 2’s concentrator plant, which will double copper output, to start operations a quarter earlier.

Cecilia Jamasmie | October 12, 2021 | 7:09 am

Bristow hopes to speed up negotiations for the reopening of Papua New Guinea's vast open pit and underground gold mine.

Cecilia Jamasmie | October 12, 2021 | 3:51 am

Innovations include machine learning at the mine’s three hydropower stations and reactive battery control to reduce back-up diesel generation.

Cecilia Jamasmie | October 8, 2021 | 9:15 am

The copper miner has begun testing hydrogen-powered haulage truck at its Centinela copper mine, in northern Chile.

Cecilia Jamasmie | October 8, 2021 | 6:56 am