Glencore to pay up to $1.5bn to settle corruption allegations
The miner is also currently under probe in Switzerland and the Netherlands.
Precious Metals and Minerals
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Precious Metals and Minerals
Huayou plans $300m investment in Zimbabwe’s Arcadia lithium mine
The lithium processing plant at the mine will have production capacity of around 400,000 tonnes of lithium concentrate per year.
Xantippe to acquire Argentinian lithium brine tenement
The deal forms part of Xantippe’s strategy to purchase at least 17,000ha within the Catamarca region.
Ragusa Minerals to earn stake in five Australian lithium tenements
The five prospective tenements considered for acquisition include EL28642, EL29731, EL30521, EL32671 and EL(A)32405.
Horizonte Minerals begins work at Brazilian nickel project
The first phase of the Araguaia project is expected to produce 14,500tpa of nickel.
Develop acquires Heron’s Woodlawn zinc-copper project in Australia
The Woodlawn underground mine and processing plant have been under care and maintenance since 2020.
China’s Sinosteel reaches deal to develop iron ore mine in Cameroon
Sinosteel Cam will mine ten million tonnes of ore with 33% iron content annually over an initial 20-year period.
Bannerman to acquire stake in Namibia Critical Metals
Bannerman will purchase a 41.8% stake in Namibia Critical Metals from PhilCo 192 and Adventure Resources.