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Anglo American to Sell Two Royalty Assets for $195 Million
July 22, 2024
Anglo American agreed to sell two royalty assets for up to $195 million to Taurus Funds Management. The diversified miner said Monday that Taurus will buy an iron-ore royalty owned by Anglo’s diamond unit De Beers related to the Onslow
SolGold Secures $750 Million to Advance Its Cascabel Project, Ecuador
July 19, 2024
SolGold has entered into a syndicated gold stream agreement with Franco-Nevada and Osisko for $750 million in project advancement funding and a proportion of development funding in exchange for a percentage of the gold produced from the Cascabel Project. The
Rio Tinto Secures Approvals for $11.6 Billion Simandou Iron Ore Project, Guinea
July 19, 2024
Rio Tinto has announced the fulfillment of all conditions necessary for the development of the Simandou iron ore project in Guinea. This includes the receipt of approvals from Guinean and Chinese regulatory bodies, paving the way for the project’s advancement.
U.S. Approaches Indonesia for Multinational Critical Mineral Partnership
July 18, 2024
The U.S. has approached Indonesia about joining a multinational partnership to boost the Southeast Asian nation’s environmental standards as the two countries discuss a critical minerals deal, a senior U.S. official said on Monday. U.S. Under Secretary of State for
Fatality at Santacruz Silver’s Tres Amigos Mine, Bolivia
July 17, 2024
Santacruz Silver Mining said an employee of the company was fatally injured at the Tres Amigos mine, part of the Caballo Blanco Group of mines, in Bolivia. A small group of illegal miners unlawfully entered the Tres Amigos mine at
Rio Tinto Appoints Katie Jackson to Lead Copper Business
July 17, 2024
Rio Tinto has appointed Katie Jackson to lead its copper business. Jackson succeeds Bold Baatar who will become chief commercial officer later this year. Jackson is currently president of National Grid Ventures, responsible for the development and operation of large-scale
Madison Metals Receives License Approval to Expand Khan Mine Development in Namibia, Africa
July 16, 2024
Madison Metals said the Ministry of Mines and Energy of Namibia has granted a license for base and rare metals, industrial minerals, and nuclear fuels for exclusive prospecting licesce 8905, which lies at Madison West within mining license 86A, the
Calibre Mining Receives Key Mining Permits for Its Volcan Gold Deposit, Nicaragua
July 12, 2024
Calibre Mining Corp. said the corresponding Nicaraguan authorities have granted the company the key environmental permits for the development and production of the open pit mines at the Volcan gold deposit located approximately 5 km south of the Libertad mill.
Orezone Secures $105M Financing to Fully Fund Bomboré Phase II Hard Rock Expansion, West Africa
July 11, 2024
Orezone Gold Corporation has secured binding commitments totaling more than $105 million to fully finance the construction of the phase II hard rock expansion at its flagship Bomboré Gold Mine. With this financing, the company’s board of directors has approved
Liontown Resources Secures $250M from LG Energy Solution to Advance Kathleen Valley Lithium Project
July 11, 2024
Australian lithium producer Liontown Resources has signed a $250 million strategic partnership with South Korean battery producer LG Energy Solution. This strategic partnership aims to secure a steady supply of lithium, a critical material for electric vehicles and other green
