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Home/News/Finance & business

Finance & business News

Browse the latest finance & business news and articles.

Anglo announces latest De Beers’ rough diamond sales value
31 Jul 20231 min read

Anglo announces latest De Beers’ rough diamond sales value

Anglo American plc has reported the value of rough diamond sales (global sightholder sales and auctions) for De Beers’ sixth sales cycle of 2023.

IFC supports development of Sal de Vida in Argentina
26 Jul 20232 min read

IFC supports development of Sal de Vida in Argentina

The International Finance Corporation has announced a loan of up to US$180 million to Allkem to support the development of Sal de Vida, a greenfield lithium operation in Argentina.

Venus Minerals IPO proceeding
21 Jul 20232 min read

Venus Minerals IPO proceeding

Venus is proposing to raise up to £3 million from new investors, following which Ariana will hold approximately 35% of Venus.

Unigold Inc. and Barrick Gold enter into an exploration earn-in agreement on the Neita Norte concession, Dominican Republic
18 Jul 20231 min read

Unigold Inc. and Barrick Gold enter into an exploration earn-in agreement on the Neita Norte concession, Dominican Republic

Unigold and Barrick will work together to finalize a long-form agreement, a shareholder's agreement and to create a joint-stock Dominican Company to hold the concession permits within the next 60 days.

Rio Tinto to invest AUS$40.4 million and become a 15% strategic investor in Sovereign
17 Jul 20231 min read

Rio Tinto to invest AUS$40.4 million and become a 15% strategic investor in Sovereign

Rio Tinto’s investment represents a significant step towards unlocking a major new supply of low-CO2-footprint natural rutile and flake graphite.

Stella Vista acquires world-class Kalia Iron Ore Project in Guinea
17 Jul 20232 min read

Stella Vista acquires world-class Kalia Iron Ore Project in Guinea

Kalia is one of the world’s largest and most advanced iron ore development projects.

Technology Minerals announces that Global Battery Metals has exercised second option at Leinster
13 Jul 20232 min read

Technology Minerals announces that Global Battery Metals has exercised second option at Leinster

The Project, located south of Dublin in the counties of Wicklow and South Carlow in the Republic of Ireland, is a promising lithium pegmatite project consisting of 16 prospecting license areas.

Anglo American reports fifth rough diamond sales cycle for De Beers’ of 2023
6 Jul 20231 min read

Anglo American reports fifth rough diamond sales cycle for De Beers’ of 2023

Anglo American plc has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fifth sales cycle of 2023.

De Beers and Botswana agree in principle on sales agreement and mining licences
4 Jul 20231 min read

De Beers and Botswana agree in principle on sales agreement and mining licences

De Beers and the Government of Botswana will work together to progress and implement the formal new sales agreement and mining licences.

Marimaca announces CAN$20 million strategic investment from Mitsubishi
30 Jun 20232 min read

Marimaca announces CAN$20 million strategic investment from Mitsubishi

Proceeds from the Strategic Investment will be used to advance and accelerate the development of the Company’s flagship Marimaca Copper Project located in the Antofagasta region, Chile.

Akobo Minerals appoints Helge Rushfeldt as head of mining operations
30 Jun 20232 min read

Akobo Minerals appoints Helge Rushfeldt as head of mining operations

Rushfeldt has been a board member at Akobo Minerals since late 2021 and recently spent two weeks onsite in Ethiopia building relationships with the operations team.

Rio Tinto invests to strengthen copper supply in US
26 Jun 20233 min read

Rio Tinto invests to strengthen copper supply in US

Rio Tinto is investing in its Kennecott to strengthen its supply of copper in the US by increasing production from underground mining and improving the health of key assets.

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