Mining

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining.

Minexx has exported the first kilo of gold tracked through its platform from Burkina Faso.

The Copper Mark, the ILA, the IZA, the Nickel Institute, and the RMI have announced that their Joint Due Diligence Standard for copper, lead, nickel, and zinc has been recognised by the LME.

Galp and Northvolt have set up a JV company, Aurora, with the goal of establishing Europe’s largest and most sustainable integrated lithium conversion plant.

Newcrest Mining Ltd has received approval for a modification to increase the permitted processing capacity of its Cadia gold mining operation.

Pantoro Ltd and Norseman Gold Project has agreed a binding term sheet with Mineral Resources Ltd to explore for and develop lithium deposits.

AVZ Minerals has received firm commitments for a placement to raise $75 million for its Manono Lithium and Tin Project, situated in the Democratic Republic of the Congo.

Wheaton Precious Metals has announced its acquisition of gold and silver streams on the Blackwater Project from New Gold and Artemis Gold.

Kinross Gold has entered into a definitive agreement to acquire all shares of Great Bear Resources through a plan of arrangement.

Anglo American Platinum has approved the Mototolo/Der Brochen life extension project, and provided an update on 2021 guidance and outlook.

According to Wood Mackenzie, COP26 failed to address the supply chain challenges being faced by the metals and mining sector.

Akobo Minerals was recently shortlisted as Environmental, Social, and Governance (ESG) Explorer/Developer Mining Company of the Year at Mines & Money London 2021.

The Copper Mark has awarded its standard to three new sites, six new participating sites have begun the assessment process, and Siemens Energy and Oddo BHF Metals have both joined as partner organisations.

Latitude 66 Cobalt Ltd has announced the discovery of a new high-grade cobalt zone at its Kuusamo Schist Belt Cobalt-Gold-Copper Project in Finland.

Following an evaluation of its iron ore reserves, Metalloinvest has determined that it is now the world leader in terms of size and life cycle of iron ore reserves.