Vancouver-headquartered Bear Creek Mining has engaged BNP Paribas and Société Générale as joint lead arrangers for a $400-million senior secured credit facility, which it plans to use for the fully permitted, Corani silver/lead/zinc project in Peru.
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Bear Creek Mining engages lead arrangers for $400m facility Read More »
Chilean miner SQM, the world’s No. 2 lithium producer, saw profits tumble in the last quarter of 2019 and warned that early 2020 sales in China, a key market for the battery metals used in electric vehicles, could be hit by impact of the coronavirus.
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Lithium miner SQM warns of further slide in prices in 2020, impact of coronavirus Read More »
Precious metals miner Fresnillo posted a 63% slump in 2019 pretax profit on Tuesday, much worse than analysts’ estimates, as low-grade ore hit production and it curtailed operations at its Noche Buena mine in Mexico.
The company cut its production for…
Fresnillo profit misses on weak output, mine curtailment Read More »
Miners in Toronto for an annual industry dealmaking event slathered on hand sanitizer and avoided handshakes, while Chile’s mines minister doled out masks as coronavirus concerns overshadowed buyout buzz and prompted delegates to scrap some events.
Th…
Miners lay on the hand sanitiser in Toronto meeting amid coronavirus fears Read More »
The CRU-Cesco World Copper Conference in Santiago has been cancelled owing to concerns over travel risks associated with the coronavirus outbreak, forum organiser Cesco told Reuters on Monday.
The coronavirus, which was identified in China late last y…
World Copper Conference in Chile cancelled over coronavirus concerns – Cesco Read More »
China’s iron-ore futures hit the upside limit on Monday as declining stockpiles at ports indicated steel mills’ improving appetite for the raw material, while expectations grew Beijing will roll out further support for its paralysed economy. iron-ore o…
Iron-ore soars as China port stocks dip, stimulus hopes grow Read More »
Canadian Prime Minister Justin Trudeau, in his first major climate change speech this year, will reach out on Monday to businesses, indigenous groups and citizens for help in defining his ambitious plan to cut carbon emissions, a senior government offi…
Trudeau to seek industry, indigenous input to define climate plan Read More »
Civil society groups and a member of Parliament in Congo are raising concerns that state-owned gold company SOKIMO failed to follow an open and transparent bidding process before agreeing to sell its stakes in six gold assets, including 10% of Congo’s…
Congo civil society groups demand transparency in Sokimo’s Kibali deal with AJN Read More »
Small miners hoping to take advantage of demand for battery metals are struggling to convert electric vehicle aficionados into investors, compounding the sector’s funding constraints even as analysts predict a long-term shortage of the raw materials us…
Small miners hungry for fresh capital despite rampant EV enthusiasm Read More »
Canada’s top court on Friday said a lawsuit by Eritrean workers against miner Nevsun Resources can proceed, a decision that clears the way for cases to be brought domestically against Canadian companies accused of abuses abroad.
Legal advocates and ci…
