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

TRX Gold to Increase Production as it Advances Mill Expansion at Its Buckreef Gold Project, Tanzania

October 11, 2023

TRX Gold Corporation said the new 1,000 tonne per day (tpd) capacity ball mill has arrived on site at the Buckreef Gold Project. Over the last few months, technical teams on site have commenced preparatory works in anticipation of receiving

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Newmont Reaches Preliminary Agreement with Peñasquito Mine’s Union, Mexico

October 11, 2023

Newmont Corporation said it has reached a preliminary agreement with the National Union of Mine, Metal, and Allied Workers of the Mexican Republic aiming to end the strike initiated by the union on June 7, 2023 at Minera Peñasquito in

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Barrick Gold to Invest $2 Billion to Expand Lumwana Copper Mine, Zambia

October 10, 2023

Barrick’s transformation of its Lumwana Mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said yesterday after a meeting with Zambian President Hakainde Hichilema.

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International Centre for Sustainable Carbon Publishes New Report: Repurposing Coal Assets

October 10, 2023

The energy transition has already led to many coal mine and power station closures. The USA and Europe have witnessed the most rapid change over the last decade and this trend is set to continue. Clearance of these sites is

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China’s Grip on Critical Minerals Draws Warnings at IEA Gathering

October 9, 2023

U.S. Energy Secretary Jennifer Granholm said the world is up against a dominant supplier of critical minerals that is willing to exploit its position for political gain, in remarks apparently aimed at China, and warned that energy security will become

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Northvolt to Build Historic $7 Billion Gigafactory Battery Factory Near Montreal, Canada

October 6, 2023

Swedish manufacturer Northvolt says it will build a $7 billion gigafactory for electric vehicle batteries near Montreal that it claims will represent the largest private investment in Quebec’s history. On hand at the unveiling in Montreal, Prime Minister Justin Trudeau

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U.S. Optimistic It Will Reach Critical Minerals Deal With EU

October 6, 2023

The United States is optimistic it will conclude an agreement with the European Union to allow critical minerals mined or processed in Europe to qualify for U.S. clean vehicle tax breaks, a senior U.S. official said on Monday. The transatlantic

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Capstone’s Chilean Operations Awarded the Copper Mark

October 6, 2023

Capstone Copper said the Copper Mark has been awarded to its Mantoverde and Mantos Blancos operations in Chile. The Copper Mark is a comprehensive assurance framework, developed to ensure that value chain participants demonstrate best practice in responsible production and

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Newmont Cleared by PNG’s Securities Commission to Proceed with Proposed Acquisition of Newcrest

October 5, 2023

Newmont Corporation said the Securities Commission of Papua New Guinea (SCPNG) has granted the necessary exemptions and other requested confirmations under PNG capital markets law to allow the company to proceed with its proposed acquisition of Newcrest Mining. Last week,

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Glencore to Stop Funding Koniambo Nickel Mine Beyond February 2024, New Caledonia

October 4, 2023

Glencore has been working for years to identify a path toward a cost effective, reliable Koniambo Nickel SAS (KNS) business that can meet production and financial targets. While significant progress has been made in productivity performance and reliability, KNS continues

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