Scotgold Resources shares collapse on grades and funding woes The company behind Cononish, Scotland’s first commercial gold and silver mine, said it may not be able to meet future financial obligations. Cecilia Jamasmie | March 27, 2023 | 3:46 am
Gemfields shares jump on record revenue for 2022 The Africa-focused emeralds and rubies miner posted a 2022 revenue of $341 million, a 32% increase from the previous year. Cecilia Jamasmie | March 24, 2023 | 7:12 am
Bolivia pushes for Latin America-wide lithium policy The idea is part of a broader initiative involving Argentina, Bolivia, Brazil and Chile to form an OPEC-like lithium cartel. Cecilia Jamasmie | March 24, 2023 | 3:56 am
Chile’s top steel producer bets on green hydrogen CAP’s steelmaking division aims to substitute coal used in its blast furnaces with less polluting fuels, including hydrogen. Cecilia Jamasmie | March 23, 2023 | 7:03 am
Sibanye-Stillwater to hand $20 million to New Century Sibanye's emergency financial support for its takeover target New Century flagged output losses that will impact short-term liquidity. Cecilia Jamasmie | March 23, 2023 | 3:56 am
Newmont said to be mulling sweetened bid for Newcrest The world's no. 1 gold miner has gained partial access to Newcrest's corporate books, a sign that Newmont could make a revised offer. Cecilia Jamasmie | March 22, 2023 | 6:43 am
Chile open to modifying copper royalty bill on miners objections If changes are approved, miners will pay a fixed "ad valorem" component of 1% on copper sales and 8% to 26% on their operating margins. Cecilia Jamasmie | March 22, 2023 | 3:58 am
Fresnillo halves dividend as inflation hits profit The world’s top silver producer and Mexico’s largest gold miner declared a dividend of 13.3 cents per share, down 51% from a year prior. Cecilia Jamasmie | March 7, 2023 | 5:59 am
Sibanye-Stillwater secures controlling stake in New Century Resources The precious metals miner now controls nearly 71% of New Century Resources, for which it launched an unsolicited takeover bid in February. Cecilia Jamasmie | March 7, 2023 | 3:23 am
South America looks at creating “lithium OPEC” Argentina, Chile, Bolivia and Brazil would cooperate to expand their processing capacity, open battery plants and make EVs locally. Cecilia Jamasmie | March 6, 2023 | 6:53 am