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Hudbay Minerals closes $402.5 million upsized public offering

In total, Hudbay issued over 42.36 million common shares priced at $9.50 each, including the full exercise of the underwriters’ overallotment for about 5.52 million shares. Originally, it had planned to issue 31.6 million shares plus a 15% overallotment. By midday Friday in New York,...

Lawyers representing Congo claim to have new evidence on Apple’s use of conflict minerals

Congo’s lawyers notified Apple CEO Tim Cook on April 22 about a series of concerns regarding its supply chain, and also wrote to Apple subsidiaries in France, demanding answers within three weeks. β€œIt is more urgent than ever that Apple provide real answers to the...

Mining People: Appia, C2C Metals, Lincoln Strategic, QI Minerals, Honey Badger, Atacama

Goldshore Resources Β appointed Michael Henrichsen as CEO. Jaxon Mining said CFO and secretary Brian Crawford has resigned. Jane Banks has joined Lincoln Strategic, a leading recruitment firm specializing in the mining sector. Newmont named Francois Hardy as chief technical officer, replacing Dean Gehring. PACE Global named Nathan M....

Rio Tinto donates $875,000 to Missouri University to research critical minerals recovery from waste

Β β€œThere is currently little-to-no production of these two elements in the United States, and we rely to an alarming extent on importing them,” Alagha says. β€œIf successfully implemented, our research could lead to a much stronger domestic supply of these important resources.”  She says recovering...

Unlocking the Treasure Trove: Glencore’s Expanded Investment in Stillwater Critical Minerals

Dazzling Discoveries Unveiled The recent technical report in January 2023 showcased a staggering 1.6 billion lb. of nickel, copper, and cobalt nestled in the inferred resources of Stillwater Critical Minerals. Nestled within 255 million tonnes of material at an average...

Shifting Sands: A Look Into the Recent Board Appointments in the Mining Industry

Montage Gold recently welcomed Constant Tia as their new Chief Financial Officer, adding a fresh perspective to their leadership team. The Winds of Change: Adventus Mining made a strategic move by appointing Maryse Belanger as a non-executive board member and chair, signaling a shift in...