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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 …
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 …
The five largest nickel mines in operation in Russia
There are more than 194 nickel mines in operation globally, of which 8 are in Russia, according to GlobalData's mines …
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 …
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 …
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 …
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 …
Brazil’s Vale registers 9% drop in Q1 profit
Brazilian mining company Vale has reported net income attributable to shareholders of $1.67bn in the first quarter of 2024 (Q1 …
MetalsTech gets underground mining licence extension in Slovakia
MetalsTech (MTC) has secured an extension to its underground mining permit for its fully owned Sturec Gold Mine in Slovakia. The ten-year …
Navigating net zero: the latest issue of MINE magazine is out now
The latest issue of our digital magazine is out now – you can read it online for free. Here are …
Armadale to acquire stake in Africo American Incorporated
Armadale Capital has signed a binding heads of terms agreement to acquire more than 50% of Africo American Incorporated (AAI), …
BHP makes $38.8bn buyout bid for Anglo American
Anglo American has received a $38.8bn (£30.83bn) unsolicited, non-binding all-share buyout proposal from rival BHP Group, which if materialised would …
Davis Polk & Wardwell top metals & mining M&A legal adviser for Q1 2024
Davis Polk & Wardwell and Cassels Brock & Blackwell have been ranked as the leading legal advisers for mergers & …
Rio Tinto, Eramet, LG propose lithium extraction tech for Chile
Rio Tinto, Eramet and LG Energy have submitted proposals to develop lithium extraction technology for a Chilean salt flat in …
Argosy obtains approval to expand Rincon Lithium Project
Argosy Minerals has received environmental impact assessment (EIA) approval to expand lithium carbonate production at its Rincon Lithium Project in …