All articles by Archana Rani

Archana Rani

Aclara secures Carina Module mining rights in Brazil

The company has acquired the remaining 49% stake in the project by drilling an additional 2,000m, among other moves.

Yintai Gold signs $272m deal to acquire Osino Resources  

The acquisition will result in Yintai owning Osino’s gold assets in Namibia, including the Twin Hills Gold Project.

Newmont records $2.47bn loss in 2023 on impairment charges

The company is planning to sell six non-core assets and cut headcount to reduce debt.

Sierra secures environmental nod to expand Peru underground mine

The permit is expected to allow the company to enhance throughput, reduce costs and extend the mine’s life.

Anglo American Platinum plans job cuts amid profit squeeze

The restructuring proposal comes amid a 71% profit decline in 2023 compared with 2022.

Vedanta promoter offloads 1.8% stake for $210m

The transaction involved the sale of 65,518,600 shares by Finsider at $0.32 (Rs265.14) per share.

Savannah to sell remaining stake in NSW coking coal project

The deal will see Savannah receive A$2.38m ($1.55m) in cash and 11.1 million Clara shares, representing a 19.5% interest in Clara.

GCL extends USDA-backed loan to boost Utah copper mining

The financing will be channelled into working capital, procurement of heavy equipment and refinancing of existing debt.

Royal Gold enters Mount Milligan mine life extension deal

Centerra is planning a preliminary economic assessment for the Mount Milligan Mine in first half of 2025.

Yellow River to build Theta’s TGME Gold Plant in South Africa

Yellow River will also build the tailings storage facility as well as the wastewater management dams.