Silvercorp Metals to acquire Australia’s OreCorp

“This transaction will create a new globally diversified precious metals producer," Silvercorp chairman says.

Staff Writer | August 7, 2023 | 10:37 am

Graphic: Healthy tin inventories, soft demand caps upside from Myanmar ban

Tin is the strongest performing metal on the LME this year.

Reuters | August 7, 2023 | 10:14 am

Goldman commodities research chief Jeff Currie set to leave

The prominent commodities analyst known for making bold — often bullish — pronouncements has been the face of the Wall Street titan’s commodities research for the better part of three decades.

Bloomberg News | August 7, 2023 | 9:55 am

Ghana approves green minerals policy to develop lithium industry

Cabinet approved policy document expected to be passed by parliament before the end of the yearwill provide clear guidelines and a fiscal regime for mining so-called green minerals in a manner that ensures Ghana derives as much benefit as possible from its resources.

Bloomberg News | August 7, 2023 | 9:33 am

Atlantic Lithium says it is confident of getting mining lease in Ghana

Piedmont Lithium invested $100 million in the company in 2011 to secure spodumene from Atlantic Lithium's mine in Ghana.

Reuters | August 7, 2023 | 9:21 am

Sumitomo Metal lifts FY profit forecast on higher gold prices, weak yen

Net profit is now forecast at $373 million for the year to March 31, 2024, up from May guidance of $290 million.

Reuters | August 7, 2023 | 9:12 am

Vale loses bid to block BHP’s London lawsuit in Brazil dam case

More than 720,000 Brazilians are suing BHP over the 2015 collapse of the Fundao dam, which was owned and operated by the Samarco joint venture between BHP and Vale.

Reuters | August 7, 2023 | 9:01 am

Peru’s coffers get $600,000 following approval of mining-related permits

Teck tops the list of approvals after receiving a rubber stamp on the detailed environmental impact assessment and the confirmation of its surface rights for its Zafranal copper project.

Staff Writer | August 6, 2023 | 12:45 pm