- Troilus secures $300M funding from EDC for Quebec copper-gold project. READ MORE
- US rolls out process to streamline mine permitting on federal land. READ MORE
- November 2024 – Exploration activity improvement continues. READ MORE
- BHP plans to invest up to $14B in Chile copper mines. READ MORE
- New Chinese mining body to invest $5B in Zambia to boost copper, cobalt output. READ MORE
- Rio Tinto Group approved construction of a 25-MW solar plant for its Kennecott copper operations in Utah. The additional plant, which will comprise over 71,000 solar panels across 210 acres, will bring Kennecott's total solar capacity to 30 MW. This will reduce the project's Scope 2 emissions by about 6%, or 21,000 metric tons of carbon dioxide equivalent per year. READ MORE
- The Nevada Gold Mines LLC joint venture between Barrick Gold Corp. and Newmont Corp. received federal approval for the Robertson gold project in Nevada. READ MORE
- Lumina Gold Corp. said the Ministry of Energy and Mines of Ecuador agreed to extend the Los Cangrejos mining concession until 2049, benefiting the company's investment plans for the Cangrejos gold project. READ MORE
- Russian diamond giant PJSC Alrosa is considering halting some production and cutting jobs in 2025 as the global diamond industry faces a "deep crisis," Reuters reported Nov. 21, citing Alrosa CEO Pavel Marinychev. Alrosa and other diamond miners have been dealing with low prices driven by low demand and the high supply of lab-grown diamonds. For Alrosa, the situation is exacerbated by sanctions linked to Russia's war in Ukraine. READ MORE
- Vale and German hot metal producer Rogesa Roheisengesellschaft Saar Mit Beschränkter Haftung have concluded a multiyear supply agreement for iron ore pellets intended to support the steelmakers' decarbonization path, Vale said. Under the agreement, Vale will supply blast furnace pellets to Rogesa from 2025 to 2027 and then start a flexible transition to direct reduction pellets supplies starting in 2028 following Rogesa's commissioning of a direct reduction plant at the Dillingen steelworks, it said. READ MORE
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