Australia-based Coronado Global Resources has secured a $150-million asset-based lending (ABL) facility with an affiliate of Oaktree Capital Management, shoring up its liquidity as metallurgical coal prices remain under pressure. The three-year facility, committed...
Chilean startup backed by BHP Group has delivered its first copper cathodes from a demonstration plant at a mine site in northern Chile as the industry looks to squeeze out more metal from lower quality ore. Ceibo extracted the metal from sulfide ores at a...
Barrick Gold has completed the sale of its 50% stake in Alaska’s Donlin Gold project for $1-billion in cash, handing over one of the world’s largest undeveloped gold deposits to joint buyers Novagold Resources and Paulson Advisers. The transaction reshapes ownership...
Ivanhoe Mines’ Kamoa Copper subsidiary expects to restart underground mining operations on the western side of the Kakula mine later this month. Seismic activity at the Kakula mine during late May resulted in increased water inflows into the mine,...
NextSource Materials is pivoting its battery anode facility (BAF) strategy from Mauritius to the Middle East, seeking to capitalise on faster permitting, better infrastructure, and closer proximity to electric vehicle (EV) manufacturers, the company said Monday. The...
