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Leading Developments | E & MJ

Leading Developments

Canada Funds Critical Minerals Development

A Canadian program for funding critical metals mining awarded more than $700,000 to a Fortune Metals cobalt project. Johnathan Wilkinson, Minister of Energy and Natural Resources, said the money will be used to enhance the...

IOC to Decarbonize Iron Ore Processing in Labrador

The Government of Canada awarded C$18.1 million ($13.3 million) from its Low Carbon Economy Fund to Rio Tinto’s Iron Ore Co. of Canada (IOC) to support the decarbonization of iron ore processing at its operations in Labrador...

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DOE Commits $2.26B for Thacker Pass Construction

Lithium Americas Corp. has received a conditional commitment from the U.S. Department of Energy (DOE) for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing (ATVM) loan...

Production Begins at Salares Norte in Chile

Gold Fields Ltd. has started production at its Salares Norte gold mine in Chile’s Atacama province with the pouring of its first gold-silver doré on March 28, 2024. This represents a significant...

Côté Pours First Gold

IAMGOLD Corp. completed its first gold pour at the Côté gold mine, located in Ontario, Canada. Côté Gold is a joint venture between IAMGOLD, as the operator, and Sumitomo Metal Mining Co., Ltd....

Alamos to Acquire Argonaut Gold

Alamos Gold Inc. said it will acquire Argonaut Gold Inc. in an all-share transaction valued at $276 million. As part of the transaction, Alamos will acquire Argonaut’s Magino mine, located adjacent...

Newmont to Sell Non-Core 1 Assets

Newmont’s end of the year earnings report recapped a transitional year for the world’s largest gold miner. The company completed the acquisition of Newcrest Mining Ltd., which propelled the...

Metals Acquisition IPO Raises $211M

Metals Acquisition Ltd. (MAC) completed its heavily oversubscribed initial public offering (IPO) in Australia and is now dual listed on the ASX and NYSE, which raised an additional A$325 million ($211 million). The implied...

Nickel Woes Continue

During January, Andrew Forrest announced that Wyloo Metals would place its nickel mines in Western Australia on care and maintenance at the end of May. This news followed a series of announcements from nickel operations in...

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MMI Events

Calendar
CIM Connect
05/12/2024 - 05/15/2024
Vancouver Convention Centre, Vancouver, Canada
Euro Mine Expo
05/28/2024 - 05/30/2024
Skellefteå, Sweden
Exponor
06/03/2024 - 06/06/2024
Antofagasta, Chile