News

Anglo American announces that De Beers Group (De Beers) and the Government of the Republic of Botswana (the Government of Botswana) have signed the formal new agreements for a 10-year Sales Agreement (which may be extended by a further 5 years) and a 25-year extension of the Mining Licences (from 2029 through to 2054) for Debswana.

In the year Vale celebrates 40 years of operations in the Amazon region, the company announced the Novo Carajás program, in the state of Pará, focused on resuming and maintaining iron ore volumes and expanding copper production. The launch will take place at a ceremony with President Luiz Inácio Lula da Silva, during a visit to Vale’s operations in the municipality of Parauapebas (PA).

On January 21, Zijin Mining announced its results estimates for 2024, projecting a net profit attributable to shareholders of RMB 32 billion. This marks an increase of approximately RMB10.88 billion, or 51.5%, from the previous year, starting its new five-year journey on a strong note.

Renewable diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of Western Australian ports, railways and mines.

Canadian gold explorer Goliath Resources has become one of the industry’s high-flyers in recent weeks. Rising gold prices, repeated support from major investors and, not least, repeated strong drill results have recently taken Goliath to a five-year high.

Core Assets’ drill-ready and easily accessible Laverdiere copper project is part of the giant Blue property and covers a 5 x 8 kilometre underexplored copper porphyry area in northwestern British Columbia. There, the company has identified promising mineralisation in the newly defined Valley Zone around an impressive, donut-shaped geophysical anomaly measuring approximately 1 x 1.2 kilometres, which is interpreted to be a probable high-grade porphyry centre!