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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. “It 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  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

 “There 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. “If 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...