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Mosaic Sells Saudi JV Stake to Ma’aden in $1.5 Billion Deal
May 6, 2024
The Mosaic Company said it has entered into an agreement with the Saudi Arabian Mining Company (Ma’aden) where Mosaic will receive 111,012,433 shares of Ma’aden valued at approximately $1.5 billion in exchange for Mosaic’s current 25 percent stake in Ma’aden
Fatality at Harmony Gold’s Mponeng Mine in the Gauteng Province, South Africa
May 3, 2024
Harmony Gold Mining Company Limited said an underground construction employee, working on planned rail maintenance, tragically lost his life at its Mponeng mine near Carletonville, in Gauteng Province, on Wednesday, May 1, 2024. The nature of the incident leading to
Zijin to Acquire Pan American’s La Arena Gold Project for $295 Million, Peru
May 3, 2024
Pan American Silver has agreed to sell its 100 percent interest in La Arena S.A., which owns the La Arena gold mine as well as the La Arena II project in Peru, to Jinteng (Singapore) Mining, a subsidiary of Zijin
G7 Nations Commit to Phasing Out Coal by 2035, Leaves Flexibility for Coal Reliant Countries
May 3, 2024
Energy and environment ministers of the Group of Seven leading industrialized nations committed Tuesday to phase out coal power by 2035, marking the first time the G7 has explicitly referenced a phase-out, but left flexibility for countries heavily reliant on
Glencore Releases Its Ethics and Compliance Report
May 2, 2024
Glencore has published its third annual Ethics and Compliance Report in line with its commitment to being a responsible and ethical operator. Similar to the previous editions, this year’s report provides a detailed overview of its ethics and compliance program,
Barrick Enters Extensive Exploration Partnership with Geophysx Jamaica
May 1, 2024
Barrick Gold has entered into an exploration earn-in agreement with Geophysx Jamaica Ltd. with respect to certain properties located in Jamaica. The agreement initially provides Barrick with access to approximately 4,000 square kilometers of consolidated land positions throughout the country,
Silvercorp Metals to Acquire Adventus Mining for $146.5 Million
April 30, 2024
Canadian-based precious metals company Silvercorp Metals has agreed to acquire Adventus Mining, a copper-gold exploration and development company, for around $146 million (C$200 million). Under the terms of the arrangement agreement, Silvercorp will acquire all the issued and outstanding common
First Quantum Minerals to Put Its Ravensthorpe Nickel Mine Under Care and Maintenance, Australia
April 30, 2024
Mining and metals company First Quantum Minerals has decided to place its Ravensthorpe nickel mine in Western Australia under care and maintenance. The Canadian company has indicated that there is no fixed time frame for the care and maintenance period.
Argosy Minerals Receives EIA Approval to Expand Its Rincon Lithium Project, Argentina
April 29, 2024
Argosy Minerals has received environmental impact assessment (EIA) approval to expand lithium carbonate production at its Rincon Lithium Project in Salta Province, Argentina. This permit from the Government of Salta Province and the Secretary of Mining and Energy allows the
Anglo American Rejects Offer from BHP
April 26, 2024
The board of Anglo American released an update regarding the unsolicited, non-binding, and highly conditional combination proposal from BHP Group Limited. The proposal comprised an all-share offer for Anglo American by BHP, with a requirement for Anglo American to complete
