NATURAL RESOURCES News September 2024 Zambia plans state firm to own 30% of critical minerals mines On 12 September, 2024 in a strategic move to enhance the country’s benefits from its critical mineral resources, Zambia has unveiled plans to establish a...
NATURAL RESOURCES News August 2024 First Quantum starts up Zambia nickel mine, enters standstill deal with Jiangxi On 23 August, 2024 TSX listed First Quantum Minerals announced that it has achieved commercial production at its Enterprise nickel mine in Zambia,...
NATURAL RESOURCES News August 2023 Saudi Arabia’s Ma’Aden Q2 Profit Plummets 91% Amid Rising Operational Costs The state-owned Saudi Arabia Mining Company (Ma’aden) reported a 91% decline in its second-quarter net profit, amounting to $93.53 million (SR350.9...
NATURAL RESOURCES News August 2023 Chaarat To Sell Its Kapan Mine To Gold Mining For $54.5 Million Chaarat Gold Holdings has decided to sell its Kapan mine to Gold Mining Company for $54.5 million. The decision comes amidst escalating operational costs and...
NATURAL RESOURCES News August 2023 McEwen Considers IPO For Its Los Azules Copper Project Canadian entrepreneur Rob McEwen said he is contemplating various financing routes for his Los Azules project in Argentina, hinting at a potential initial public offering...
NATURAL RESOURCES News August 2023 Sinopec To Begin Operations In Sri Lanka On 20 September Chinese oil giant, Sinopec, is set to commence operations in Sri Lanka on 20 September. The Chinese firm has been granted a 20-year licence to operate 150 fuel stations...
NATURAL RESOURCES News August 2023 Vision Blue Resources Invests $40m Into Mayur’s Lime Project UK investment fund Vision Blue Resources (VBR) is investing $40 million to acquire a 49% stake in Mayur Resources’ lime venture in Papua New Guinea. This capital is...
NATURAL RESOURCES News August 2023 Oil Prices Fall Ahead Of China’s Economic Data Release Oil prices dipped in early trading on 15 August as investors awaited crucial economic data from China, which is one of the world’s leading oil importers. US West Texas...
NATURAL RESOURCES News August 2023 Rio Tinto, Guinea’s Government And WCS Collaborate On Simandou Iron ORE Infrastructure Development Rio Tinto has finalised agreements with Guinea’s government and the Winning Consortium Simandou (WCS) to develop trans-Guinean...
NATURAL RESOURCES News August 2023 New Gold Resumes Underground Mining At New Afton After Safety Check Canadian mining company New Gold has resumed underground mining at its New Afton gold-copper mine in Kamloops, British Columbia. New Gold temporarily paused...
