“A bumpy ride” for cybersecurity as AI poses new threats – GlobalData report
AI-led attacks mean that the cybersecurity sector is in for “a bumpy ride for the next two to three years”,…
26 Apr 2024
Newmont Q1 profit drops even as revenues rise on higher production
Gold mining giant Newmont has reported net income attributable to its stockholders of $170m in Q1 2024, a 51.5% decline compared with $351m a year ago. On an adjusted basis,…
26 Apr 2024
ASM secures EDC support for Dubbo rare earths project
Australian Strategic Materials (ASM) has obtained a non-binding and conditional letter of interest (LOI) from Export Development Canada (EDC), Canada’s export credit agency (ECA), for a debt funding package of…
25 Apr 2024
IonicRE announces placement to fund magnet recycling tech
Australian Securities Exchange (ASX)-listed Ionic Rare Earths (IonicRE) has secured firm commitments from key existing shareholders for a placement to raise $5.5m (A$8.45m) before costs. In this placement, the company…
25 Apr 2024
ATHA grants Inspiration option for stake in two Canadian properties
Canadian mineral company ATHA Energy has reached an agreement with Inspiration Energy, granting the latter an exclusive option to acquire a 70% interest in its Plateau and Ledge properties in…
25 Apr 2024
Lundin to acquire gold stream from Newmont in $330m deal
Canada’s Lundin Gold has reached a deal with Newmont to buy out the remaining stream credit facility and offtake agreement for its Fruta del Norte gold mine in Ecuador for…
25 Apr 2024
UK court case launched over Brazil Iron mining project
More than 100 residents of a traditional Quilombola community in Bahia, Brazil, have launched a legal case in the UK against Brazil Iron Mineração Limitada, a subsidiary of UK-registered Brazil…