Discovery Alaska, the Australian mineral exploration company, has signed a binding mining lease agreement with Doyon for its Vinasale gold project in the US state of Alaska. Discovery has secured a…
Browsing: Mining
The New York-listed blank-check company, Rigel Resource Acquisition Corp. Is currently in talks to combine with a South African gold miner. According to the Daily Investor, the deal could value…
Gold reached a new record today as optimism grew regarding the Federal Reserve’s potential interest rate cuts in the new year. Despite Jerome Powell’s efforts to temper expectations, traders showed…
Shares of ArcelorMittal South Africa took a significant hit as the company announced the decision to place its major Newcastle and Vereeniging long steel operations in care and maintenance due…
Facing declining platinum group metals (PGM) prices, Impala Platinum (Implats) has started offering voluntary severance packages to employees at its South African mining operations. The job cut program began last…
The mining company, Gold Fields has revealed that Michael Fraser will be taking over as chief executive officer from January as a permanent replacement for Chris Griffith, who stepped down…
Chris Griffith, the former CEO of Gold Fields, has been designated as the CEO of Vedanta Resources’ Base Metals unit and appointed as the President of its International Businesses, commencing…
Sibanye-Stillwater, a company listed on both the SE and NYSE, is embarking on a critical phase of consultations involving organized labour and various stakeholders who are directly affected by the…
Glencore, a significant player in commodities trading, finds itself at risk of failing to meet the investment deadline for a Cape Town refinery in South Africa due to an unfortunate…
The largest copper mine in Zambia, has managed to dodge liquidation and received a cash injection of $1 billion from its parent company, ending a years long legal battle. The…
