Fortescue ups stake in Candente Copper with $2.9m investment

The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.

Cecilia Jamasmie | December 15, 2022 | 3:50 am

Gates, Bezos-backed KoBold Metals to build copper-cobalt mine in Zambia

The Mingomba deposit hosts average copper grades about six times higher than those found in Chile, the world’s top producer.

Cecilia Jamasmie | December 14, 2022 | 6:16 am

Albemarle to build $180m US lithium research centre

The lithium giant anticipates creating at least 200 jobs at the site, with an average salary of $94,000 per year.

Cecilia Jamasmie | December 14, 2022 | 3:53 am

Rio Tinto hunts for lithium deals, eyes Jadar revival

Lithium prices, expected to stay at record highs, have the world’s second-biggest miner actively looking for lithium acquisitions.

Cecilia Jamasmie | December 13, 2022 | 6:38 am

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.

Cecilia Jamasmie | December 13, 2022 | 3:25 am

SolGold shares dive despite raising $36m with Jiangxi backing

The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the other.

Cecilia Jamasmie | December 12, 2022 | 6:58 am

BHP invests in Gates and Friedland-backed firm I-Rox

BHP will help I-Pulse and its affiliate I-Rox, in which is also taking an equity position, develop technologies that can curb energy use in the mining sector.

Cecilia Jamasmie | December 12, 2022 | 3:57 am