Finance & business

The company has started early-stage groundwork to increase the understanding of the Molulu Project and identity further drilling targets in preparation for the next drilling campaign.

The results include the disposal of African Tantalum for cash consideration of US$13 million and the welcoming of new major shareholder, African Mineral Sands.

Pilbara Minerals Ltd. has announced that its board has approved the capital investment for its P1000 lithium project production expansion in Western Australia.

Askari Metals has completed its acquisition of EPL 8535, part of the UIS Lithium Project in Namibia.

Western Copper and Gold Corp. has announced a strategic equity investment by Mitsubishi Materials Corp. to further advance the company’s copper-gold Casino Project in the Yukon.

JX has extensive operational knowledge, which will help Lundin Mining to realise the full potential of the Caserones mining operation.

Fluor has completed its AMECO divestiture with the sale of its AMECO South America business, which includes assets in Chile and Peru, to STRACON Group.

The Australian dollar gold price hit an all-time record of A$2874 per ounce overnight, exceeding the previous high of A$2868 per ounce recorded on 6 August 2020, according to Melbourne-based gold mining consultants Surbiton Associates.

The Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) has announced a new three-year partnership with Rio Tinto.

ArcWest has signed an earn-in agreement with Freeport-McMoRan Mineral Properties Canada Inc. to advance ArcWest’s Todd Creek Copper-Gold Project.

Anglo American plc has announced the value of rough diamond sales for De Beers’ second sales cycle of 2023.

Under the Heads of Terms Agreement Ocean Partners UK Ltd will acquire Erris Zinc Ltd, the company’s 100% owned subsidiary that owns the Abbeytown Zinc License in Ireland.

Mines and Money has presented a strong list of thought leaders and influential market players that will be speaking at this year’s Mines and Money Connect, London, event.

The newly renovated facility has an expanded monitoring centre and hardware maintenance space.

NRW Holdings Ltd has been awarded a contract from Golden Spur Resources Pty Ltd for surface mining and the construction of a tailings storage facility at the Bellevue gold project in Western Australia.