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NEWS Click on text to read news by category: General | Product | People | Worldwide

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.

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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

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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

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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

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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

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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.

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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

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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

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Endeavour Mining Pours First Gold at Lafigue Mine in Cote D’Ivore, West Africa

July 10, 2024

Endeavour Mining said the first gold pour from the Lafigué Mine in Côte d’Ivoire was achieved on June 28, 2024, marking the successful delivery of the project construction on budget and a quarter ahead of schedule. “We are proud to

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Stanmore Begins Shutdown of Its Mavis Underground Coal Mine, Australia

July 9, 2024

Stanmore Resources has decided to start the steps to cease operations at the Mavis Underground Mine following a comprehensive strategic review. This review determined that, given its relatively short mine life, the Mavis Underground Mine has proven to be uneconomic

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