Precious Metals and Minerals

Polymetal to offload Russian business for $3.69bn

Precious metals mining company Polymetal International has agreed to sell its Russian business in a deal worth around $3.69bn. The…

Anglo American Platinum plans job cuts amid profit squeeze

Anglo American Platinum (Amplats) has announced a restructuring proposal that could potentially impact 3,700 jobs across its South African operations.…

Cosmo exercises option to acquire Kanowna Gold Project in WA

Cosmo Metals has exercised its option to fully acquire La Zarza Minerals, the entity holding the KGP. Situated in Western…

Royal Gold enters Mount Milligan mine life extension deal

Royal Gold has signed an agreement with Centerra Gold to extend the life of the Mount Milligan Mine in central…

Why is the cost of Valentine’s Day gifts rising?

As Valentine’s Day prompts a spike in jewellery sales, analysts have pointed to geopolitical risks and supply chain disruption as…

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

Theta Gold Mines has signed a memorandum of understanding (MOU) with Yellow River (YRC), a Power Construction Corporation of China…

South32 to invest $2.16bn in Arizona’s Hermosa project

South32 has secured board approval to spend $2.16bn (A$3.32bn) to develop the zinc-lead-silver deposit at the Hermosa project, located in…

IEA sets up programme for critical minerals

The International Energy Agency (IEA) is launching a programme to secure the supply of critical minerals as industry control is…

SSR pauses Turkey mine production following landslide

SSR Mining has halted operations at its Çöpler mine in Turkey after a substantial slip on the heap leach pad.…

Perpetua obtains $34.6m in new funding for Stibnite Gold project

Perpetua Resources Idaho, a unit of Perpetua Resources, has conditionally secured up to $34.6m in further funding from the US…

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