Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal in Australia. Cecilia Jamasmie | August 12, 2022 | 3:49 am
Lucara Diamond starts shaft-sinking at $547m Karowe mine expansion The underground expansion of the Karowe diamond mine in Botswana, will extend its productive life until 2040. Cecilia Jamasmie | August 11, 2022 | 6:37 am
SolGold reshuffles C-suite as it ramps up Cascabel Three executives, including CFO Ayten Saridas and non-executive director Keith Marshall, are on the way out. Cecilia Jamasmie | August 11, 2022 | 3:44 am
Lundin Gold raises production forecast for the year The Canadian miner now expects to produce 430,000 to 460,000 ounces of gold, from a previous guidance of between 405,000 and 445,000 ounces. Cecilia Jamasmie | August 10, 2022 | 6:03 am
Hochschild Mining granted environmental permit for Brazil gold project The Mara Rosa gold mine, in Brazil’s central state of Goías, is expected to begin production in the first half of 2024. Cecilia Jamasmie | August 10, 2022 | 3:49 am
Uranium Energy wins race for UEX after sweetening bid The US-based pure uranium player's offer for Canada’s UEX Corporation has trumped Denison Mines’ competing bid. Cecilia Jamasmie | August 8, 2022 | 7:13 am
Oz Minerals rebuffs $5.8 billion takeover bid from BHP The Australian miner said BHP's unsolicited offer did not appreciate the growth potential of its copper and nickel assets. Cecilia Jamasmie | August 8, 2022 | 3:44 am
Turquoise Hill flags $200 million cost increase at Oyu Tolgoi The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September. Cecilia Jamasmie | August 5, 2022 | 7:03 am
Anglo American to appeal El Soldado project rejection Despite having the backing of the country’s top environmental evaluation authority, the permit for El Soldado Phase V project was declined. Cecilia Jamasmie | August 5, 2022 | 3:58 am