NATURAL RESOURCES News January 2025 Mosaic to sell Brazilian phosphate mine in $125 million deal On January 13, 2025, US fertilizer giant Mosaic (NYSE: MOS) announced the sale of its phosphate mine and tailings dams in Patos de Minas, Brazil, to Fosfatados...
NATURAL RESOURCES News January 2025 Mali to get $1.2bn from miners after talks On 13 January 2025, Mali is set to receive 750 billion CFA francs ($1.2 billion) from miners in the first quarter of 2025, following an overhaul of its mining sector. This follows a...
NATURAL RESOURCES News November 2024 Friedland considers floating African iron ore company on ASX On 12 November. 2024 mining tycoon Robert Friedland is reportedly planning to list his iron ore company, Ivanhoe Atlantic, on the Australian Securities Exchange...
NATURAL RESOURCES News October 2024 Coeur Mining to acquire Canada-based SilverCrest for $1.7bn On 12th October 2024, US-based Coeur Mining announced its agreement to acquire Canadian firm SilverCrest Metals for approximately $1.7 billion, creating a leading...
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...