Sibanye-Stillwater to cut 2,600 jobs at its PGM operations in South Africa

By NS Energy Staff Writer

26 Feb 24

Sibanye-Stillwater has completed the consultations regarding the restructuring of four shafts, including the Simunye shaft at Kroondal, the…

MiningOthersMajor Commodities

Yintai Gold to acquire Twin Hills project owner Osino Resources for $272m

By NS Energy Staff Writer

26 Feb 24

Under the terms of the binding arrangement agreement, Yintai Gold will pay a cash consideration of C$1.9 ($1.4)…

MiningOthersMajor Commodities

US aluminium producer Alcoa places offer to acquire Alumina for $2.2bn

By NS Energy Staff Writer

26 Feb 24

Alcoa operates Alcoa World Alumina and Chemicals (AWAC), which encompasses several affiliated entities engaged in bauxite mining and…

MiningOther CommoditiesIndustrial Minerals

Newmont announces asset sale, job cuts after Newcrest acquisition

By NS Energy Staff Writer

23 Feb 24

Newmont aims to realise over $2bn in cash from portfolio optimisation with Newcrest, focus on growing its portfolio…

MiningOthersMajor Commodities

Anglo American to expand Minas-Rio iron complex with Vale’s Serra da Serpentina resources

By NS Energy Staff Writer

23 Feb 24

Vale will provide Serra da Serpentina resources and $157.5m in cash to gain a 15% stake in the…

MiningOthersMajor Commodities

Rio Tinto approves investment in Simandou iron-ore project in Guinea

By NS Energy Staff Writer

22 Feb 24

The board approval, which is contingent on meeting certain conditions, including approvals from joint venture (JV) partners and…

MiningOthersMajor Commodities

Sierra Metals secures key permit for expansion of Yauricocha copper mine

By NS Energy Staff Writer

22 Feb 24

The company aims to start development below the 1120 level at the Peruvian copper mine with a modest…

MiningOther CommoditiesIndustrial Minerals

INTEGRA ANNOUNCES SALE OF 1.5% ROYALTY INTEREST IN DELAMAR PROJECT TO WHEATON PRECIOUS METALS FOR CASH CONSIDERATION OF US$9.75 MILLION

By NS Energy Staff Writer

22 Feb 24

The Transaction is expected to close on or about March 5, 2024, pursuant to which Wheaton will pay…

MiningOthersMajor Commodities

Wood awarded detailed design for Denison Mines’ flagship Uranium project in Canada

By NS Energy Staff Writer

22 Feb 24

Wood will design the uranium process plant, key infrastructure and communication systems, intending to design ways to accelerate…

MiningOther CommoditiesRadioactive Minerals

Orica to acquire mining chemicals company Cyanco for $640m

By NS Energy Staff Writer

21 Feb 24

Cyanco is a US-based manufacturer and distributor of sodium cyanide, which is required for gold processing, and the…

MiningOthersMajor Commodities