Mining News
Gold developer O3 Mining trades up on upsized private placement
(Kitco News) - O3 Mining (TSXV: OIII) (OTCQX: OIIIF) said today it is upsizing its previously-announced non-brokered private placement up to C$18.5M from C$9M due to “overwhelming” interest.
Sibanye-Stillwater closes Kloof 4 gold shaft in South Africa, retrenching 575 employees
(Kitco News) - Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) announced on Friday it has concluded Section 189 consultations regarding proposed restructuring at its Kloof 4 gold shaft in South Africa.
Glencore completes $1.11B acquisition of Brazilian asset stakes from Norsk Hydro
(Kitco News) - Globally diversified mining and metals group Glencore (LSE: GLEN) today announced it has closed the purchase of stakes in Alunorte and Mineracão Rio do Norte (MRN) from Norsk Hydro for $1.11 billion.
Copper production in Peru up 2.1% in October, mining sector expands 3.1%
(Kitco News) - The National Institute of Statistics and Informatics of Peru (INEI) announced today that the domestic mining and hydrocarbons sector expanded by 3.1% in October 2023 compared to the corresponding period in 2022.
Freeport agrees with Jiangxi Copper to 2024 copper concentrate treatment charges at $80/T ...
Dec 1 (Reuters) - Miner Freeport-McMoRan reachedagreement on Friday with Chinese smelter Jiangxi Copper for 2024 copper concentrate treatment and refiningcharges at $80 a metric ton and 8 cents per pound, a sourcesaid.
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