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RTG stock jumps on Philippines developments

The share price of RTG Mining surged in Canada on Friday, after Philippine President Rodrigo Duterte lifted a nine-year moratorium on new mineral agreements, reopening the door to investments. TSX- and ASX-listed RTG Mining owns the Mabilo copper/gold project, which...

Kibali rejects Sokimo claim

The Kibali gold mine is owned by Barrick Gold and AngloGold Ashanti.  Kibali Goldmines said on April 18 that it had learned that the Congolese parastatal Société Minière de Kilo-Moto (Sokimo) was attempting, for a second time, to extort certain benefits from the...

Rio Tinto overcomes rocky start to 2021

Rio Tinto CEO Jakob Stausholm. Rio Tinto has experienced a tumultuous start to 2021, with cyclone warnings, Indigenous heritage site controversy and restricted labour availability impacting its operations. According to its March quarter report, the company shipped...

Lynas CEO cautiously optimistic of market recovery

The Kalgoorlie project. Image: Lynas Rare Earths Lynas Rare Earths has enjoyed record-high rare earths prices during the March quarter as the market recovered from the COVID-19 pandemic. Neodymium and praseodymium (NdPr) prices jumped by 40 per cent during the quarter...

Forrestania bounces back

The Forrestania nickel operations. Image: Western Areas. Western Areas has picked up production at the Forrestania operation in Western Australia due to the mining of higher grade nickel. The company produced 4236 tonnes of nickel in ore mined at Forrestania during...