MINING OPERATIONS

Minera Escondida Limitada Secures US$600 Million Loan for Operational Expansion

December 13, 2024December 13, 2024 - by Carmen Mendez - Leave a Comment

Minera Escondida Limitada has obtained a US$600 million loan, facilitated by Sullivan & Cromwell LLP and Urenda Rencoret Orrego y Dörr Abogados, aimed at strengthening its operational capabilities within the …

Tanzania Settles Third ICSID Mining Case with Canadian Company

November 22, 2024November 22, 2024 - by Carmen Mendez - Leave a Comment

Tanzania has agreed to pay US$27 million to a Canadian mining company to settle an ICSID case related to revoked mining licenses. This marks the third settlement the government has …

Official Reopening of Kipushi Zinc Mine in DRC Marks Economic Milestone

November 22, 2024November 22, 2024 - by Allegra Nguyen - Leave a Comment

The Kipushi zinc-copper-lead-germanium mine in DRC officially reopened, led by President Félix Tshisekedi. This joint venture between Ivanhoe Mines and Gécamines marks a significant milestone after over three decades of …