Finance & business

Meteoric Resources has completed the sale of the Juruena Gold Project to Keystone Resources.

Allegiant has announced the sale of its Mogollon property in New Mexico to Summa Silver.

Capella has agreed to sell its copper-cobalt projects in central Norway to NickelX.

Newmont Corporation announced that more than 96% of votes cast on the acquisition of Newcrest Mining were voted in favour of approval.

Sukari has released its revised life of mine plan, which will lead to an increase in gold production and improve margins.

Barrick is investing almost US$2 billion in an expansion project designed to increase the Lumwana mine’s annual production to an estimated 240 000 t of copper.

The World Gold Council has announced the appointment of Neal Froneman, Sibanye-Stillwater, as its new Chair, and welcomes Niël Pretorius, DRDGOLD, as a new Director of the Board.

Despite significant progress having been made in productivity performance and reliability, continued financial struggles have led Glencore to cancel funding for KNS beyond February 2024.

Fortuna Silver Mines has confirmed the completion of its acquisition of Chesser Resources, expanding its presence in West Africa to include the Diamba Sud Gold Project in Senegal.

Mine Vision Systems has appointed Barry Henderson, former CEO of Maptek, and Greg Mulholland, founder and CEO of Citrine Informatics, to its advisory board.

Rail-Veyor Technologies Global Inc. has announced that it has signed a Memorandum of Understanding with Mining Plus, a mining technical consultancy.

Rainbow has signed a strategic supply agreement with Less Common Metals to develop a responsible Western supply chain for rare earth elements.

De Beers Group has announced the successful sale of the Buffels Marine Mining Right (BMMR), and associated assets, to Kleinzee Holdings Proprietary Ltd.

ERG’s BAMIN has signed letters of intent with BNDES and Banco do Nordeste for the financial structuring of its integrated iron ore mining and logistics project in Bahia State, Brazil.

The Republic of Congo and Kanga Potash have reached a historic milestone with the signing of a 25-year mining convention, ushering in a new phase of responsible resource development.