Australian copper producer Aeris Resources has made an offer to buy Glencore’s CSA copper mine in New South Wales for US$575 million. The junior miner said that negotiations with Glencore for the mine in Cobar were at a late stage, with the offer comprising $525 million...
Chilean lithium miner SQM has received environmental approval for the expansion of its lithium carbonate production plant, which will allow the company to boost its output of the valuable battery metal. Once completed, the US$400 million plant expansion will give Chinese-backed SQM the capacity to produce...
Barrick Gold has dropped its US$18 billion hostile bid for Newmont Mining after the two gold mining giants agreed on a deal to combine their operations in the US state of Nevada. The joint venture company will be operated by Barrick under a 61.5% stake, with...
Newcrest Mining has agreed on a US$806.5 million deal with Canadian miner Imperial Metals Corp to control its Red Chris copper and gold mine in British Columbia, extending the recent spending spree in the gold sector. Melbourne-based Newcrest, the world's third biggest gold producer by market...
TSX.V-listed Regulus Resources has announced an update to the mineral resource estimate at its AntaKori copper-gold project in Northern Peru. The new resource includes 250 million tonnes at a grading of 0.48% copper, 0.29 grams per tonne of gold and 7.5 g/t of silver in the...
Canada’s Natural Resources Minister Amarjeet Sohi has launched a new master plan for the mining industry at the Prospectors and Developers Association of Canada's (PDAC) 2019 convention in Toronto. The Canadian Minerals and Metals Plan (CMMP) covers six key issues identified during a two-year period of...
The CEO of crisis-struck mining firm Vale has resigned amid growing public and political pressure following the collapse of a tailings dam at a mine in Brazil, which killed at least 186 people. Fabio Schvartsman and several other senior executives resigned on a ‘temporary’ basis on...
The Fraser Institute’s Annual Survey of Mining Companies has ranked Nevada as the most attractive jurisdiction in the world for mining and investment. Nevada rose two places on last year to top the latest rankings, ahead of Western Australia in second and the Canadian provinces of...
The International Council on Mining and Metals (ICMM) will develop a new international standard for tailing facilities, in the wake of the fatal dam burst at a mine in the Brazilian town of Brumadinho last month. CEO’s from ICMM’s 27 member companies met in Miami earlier...
Members of the International Council on Mining and Metals (ICMM) will convene this week to discuss safety in the wake of last month’s fatal dam burst at a mine in the Brazilian town of Brumadinho. Chief executives from Anglo American, BHP, Antofagasta, Glencore, Barrick Gold and...