Mining - 15 May 2023

Newmont Corp. has announced that, following completion of due diligence, it has entered into a binding Scheme Implementation Deed under which it will acquire Newcrest.

Critical Metals plc has provided a comprehensive operational update on the activities underway at its Molulu copper/cobalt asset in the Democratic Republic of Congo (DRC).

The company has successfully produced lithium carbonate from naturally occurring geothermal brines: a major step forward in the UK’s ambitions to produce a domestic supply of lithium.

At Especularita, successful sampling work at the Teresita and Victoria prospects highlights the prospectivity of the area with high-grade copper identified in outcrops and artisanal mine dumps.

The company now expect to complete the feasibility study for the Taylor zinc-lead-silver deposit in 2H23.