News

Firefinch starts open pit mining at Morila Gold Mine in Mali

ASX-listed Firefinch Ltd has confirmed that it has commenced open pit mining at its Morila Gold Mine in Mali, in which the company...

17 May, 2021

New renewable energy capacity grows by 45% in 2020: IEA report

The International Energy Agency’s (IEA) latest report on the renewable energy market has found that the rate of new renewable electricity capacity added...

11 May, 2021

Centerra Gold hit with $3.1 billion environmental fine by Kyrgyzstan court

Canada’s Centerra Gold has been handed a US$3.1 billion fine after a court in Kyrgyzstan ruled that its in-country subsidiary Kumtor Gold Company...

10 May, 2021

Bacanora Lithium snapped up by China’s Ganfeng in $265 million deal

London-listed Bacanora Lithium is set to be acquired by Chinese battery chemicals giant Ganfeng Lithium after receiving an offer totalling US$264.5 million for...

07 May, 2021

Australian government agrees to extend junior miners tax incentives programme

The Australian Government has announced that it will contribute A$100 million to extend the Junior Minerals Exploration Incentive four more years. The programme seeks...

06 May, 2021

Province Resources receives local WA government support for green hydrogen project

ASX-listed Province Resources has signed a memorandum of understanding (MoU) with the local government in the region of Western Australia (WA) where it...

05 May, 2021

Biden administration approves $550 million solar project in Californian desert

The Biden administration has approved a large scale solar energy project located in the Californian desert, as part of  President Joe Biden’s pledge...

05 May, 2021

Mining drives 45% of global economic activity, says Mark Cutifani

Anglo American chief executive Mark Cutifani yesterday told the audience at this year’s virtual CIM convention that the world cannot survive without the...

04 May, 2021

Copper hits $10,000 per tonne as analysts point to further gains

The copper price exceeded US$10,000 per tonne yesterday for the first time since 2011, as recovering economies turn to the ‘bellwether metal’ and...

30 April, 2021

US solar power generation up by 26% in 2020

Solar power generation in the US soared up by 26% year-on-year in 2020, according to data from investor advice service TradingPlatforms.com. In total, just...

29 April, 2021

Lundin Energy sells world-first ‘certified carbon neutrally produced oil’

Sweden-based oil producer Lundin Energy has sold what it claims to be the ‘world’s first certified carbon neutrally produced oil’ product, after working...

28 April, 2021

Fortuna Silver Mines turns to West Africa with $884 million Roxgold acquisition

Latin America-focused Fortuna Silver Mines has announced a cash and stock deal worth US$884.3 million for Roxgold, a gold miner with projects in...

27 April, 2021

Foran Mining announces world-first carbon neutral copper project plans

TSXV-listed Foran Mining Corp has partnered with two sustainability-focused companies in a bid to turn the McIlvenna Bay deposit in Canada into the...

26 April, 2021

BHP expects full-year iron ore guidance at upper end of forecast

BHP on Wednesday said it expects to deliver full-year iron ore output at the upper end of its forecast, despite reporting a near...

21 April, 2021

Rio Tinto begins exploration programme at Midnight Sun’s Zambian copper licences

TSXV-listed exploration outfit Midnight Sun Mining has announced that Rio Tinto has commenced a US$3.2 million exploration programme at its Solwezi copper licences...

20 April, 2021

Orocobre’s $1.78 billion deal for Galaxy Resources creates 5th largest global lithium miner

Australia’s Orocobre has announced an all-stock deal for smaller domestic peer Galaxy Resources worth A$1.78 billion, creating the world’s fifth most valuable lithium...

19 April, 2021

Anglo American to run 100% of South American mines on renewable energy

Anglo American has sealed a pledge it made two years ago to run 100% of its South American mining assets on renewable energy,...

16 April, 2021

IEA increases 2021 oil demand estimate on global economic rebound data

The International Energy Agency (IEA) has sharply raised its estimate for global oil demand in 2021, after seeing ‘robust’ indicators and growing expectations...

15 April, 2021

ACWA Power-led Saudi consortium wins 1.5GW solar farm PPA

A consortium backed by Saudi Arabia's sovereign wealth Public Investment Fund (PIF) has signed a 25-year power purchase agreement (PPA) for electricity generated...

13 April, 2021

Roscan Gold adds further land to Kandiolé Project in Mali

TSXV-listed exploration firm Roscan Gold has further expanded its land package at the Kandiolé Project in Mali by acquiring the permit to the...

13 April, 2021

Barrick settles year-long stand-off with PNG government over Porgera gold mine

A year-long stand-off between Barrick Gold and Papua New Guinea (PNG) has come to an end after the world’s second largest gold producing...

12 April, 2021

Piedmont Lithium increases resource by 40% at North Carolina project

ASX-listed Piedmont Lithium has reported a 40% increase in the total mineral resource at its flagship spodumene project in the US state of...

09 April, 2021

Anglo American to exit coal via South African assets spin out

Anglo American has announced it will separate its South African coal assets into a new business later this year, amid growing calls to...

08 April, 2021

Perseus Mining reports exploration success at Côte d’Ivoire gold mines

The latest exploration drilling conducted by West African gold producer Perseus Mining has ‘demonstrated potential for organic growth of gold inventories across its...

08 April, 2021

Arctic rare earth mining prospects dealt blow by Greenland election result

Greenland’s main opposition party has won an election that was uniquely predicated on the potential development of rare earth mineral deposits by international...

07 April, 2021

Tietto Minerals passes PFS milestone at Côte d’Ivoire gold project

ASX-listed Tietto Minerals aims to produce 200,000 ounces of gold in the first year of production at its Abujar Gold Project in Côte...

06 April, 2021

Record 260GW of renewable energy capacity added in 2020: IRENA

New data from the International Renewable Energy Agency (IRENA) has found that over 260GW of new renewable energy capacity was installed around the...

06 April, 2021

Operations commence at DRC’s artisanal cobalt mining enterprise

The Democratic Republic of Congo (DRC) has confirmed that operations have begun at Entreprise Générale du Cobalt (EGC) – an enterprise that aims to...

01 April, 2021

Santos green lights $3.6 billion Barossa offshore gas project in Australia

Santos has approved the development of its US$3.6 billion Barossa gas project off the coast of Darwin, after putting the plans on hold...

31 March, 2021

Biden Administration pledges to deploy 30GW of offshore wind by 2030

The US government has unveiled a series of measures that will accelerate the development of its US offshore wind industry, including a pledge...

30 March, 2021