Barrick Gold boosts stake in Hercules amid takeovers craze

Barrick's $17 million investment in Hercules Silver grows its stake in the junior to about 12% from 2.7%.

Cecilia Jamasmie | November 6, 2023 | 7:03 am

Zimbabwean miners set for big profit slump next year – report

Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%.

Reuters | November 6, 2023 | 6:43 am

New theory aims to explain how gold, platinum deposits formed on earth’s mantle

The new theory centers around a thin, "transient" region of the mantle, where its shallow part melts and its deeper part remains solid.

Staff Writer | November 6, 2023 | 6:06 am

Savannah Resources enlists Barclay to find partners for Portugal lithium project

Investment bank Barclays and financial consultancy Barrenjoey hired to identify best partners for Savannah's Barroso lithium project in Portugal.

Cecilia Jamasmie | November 6, 2023 | 3:49 am

Mining tycoons turn up heat at Australian lithium junior Azure

Heavyweights who have long dominated the iron ore sector in Australia are muscling into SQM's takeover of Azure.

Bloomberg News | November 6, 2023 | 3:03 am

Peru ramps up efforts to attract mining foreign investments

Peru officials are presenting the country as a place of macroeconomic solidity and favourable regulatory frameworks.

Valentina Ruiz Leotaud | November 5, 2023 | 11:41 am

India says NMDC subsidiary to mine gold in Australia

NMDC will commence its gold mining operation at the Mount Celia project located in Western Australia.

Reuters | November 5, 2023 | 10:06 am

Mining, coal-fired power plants responsible for sevenfold increase in atmospheric mercury – study

Since the beginning of the modern era, emissions from coal-fired power plants, mining and waste incineration have increased the concentration of potentially toxic mercury in the atmosphere sevenfold.

Staff Writer | November 5, 2023 | 7:51 am

Bolivia wins against Orlandini Mining at Permanent Court of Arbitration

Bolivia’s Attorney General announced that the Permanent Court of Arbitration ruled in favour of the country by denying any compensation to the Orlandini Mining Company for the reversal of its concessions.

Staff Writer | November 4, 2023 | 4:59 pm

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