Base Metals

Aclara secures Carina Module mining rights in Brazil

Aclara Resources has completed the second tranche of its earn-in agreement, achieving full ownership of the mining rights in the…

Aluminium and nickel not included in US sanctions on Russia

The US has announced a new set of sanctions on more than 500 people and entities in Russia, but the…

Zijin gets approval for Julong copper project expansion in Tibet

Chinese company Zijin Mining has received approval for the second-phase expansion of the Julong copper project in Tibet. The approval…

Alcoa makes $2.2bn buyout offer for Australia’s Alumina

US-based aluminium producer Alcoa has proposed a $2.2bn (A$3.36bn) takeover of its Australian joint venture (JV) partner, Alumina. The non-binding…

Sierra secures environmental nod to expand Peru underground mine

Sierra Metals has obtained the environmental permit for its Yauricocha polymetallic (copper, lead, zinc) mine in Peru, allowing it to…

First Quantum to receive $500m from Jiangxi Copper

First Quantum Minerals will receive a $500m (C$672.83m) injection from Jiangxi Copper, the Canadian miner’s largest shareholder, in an attempt…

Hot Chili expands Chilean portfolio with Cometa Project

Australian Securities Exchange (ASX)-listed mineral exploration company Hot Chili has executed an option agreement with Bastion Minerals to fully acquire…

First Quantum reports loss in Q4 2023 over Panama woes

First Quantum Minerals has posted a net loss attributable to shareholders of $1.45m (C$1.96m) for Q4 2023, compared with a…

Rio Tinto sees earnings fall and expects Pilbara cost increases

Rio Tinto’s yearly profit and revenue were down in 2023 and the company has warned of higher costs at its…

Prosper Gold granted option to acquire Cyprus Project in Canada

Prosper Gold has signed a definitive option agreement with several individuals (Optionors) to acquire full interest in the Cyprus Project,…

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