China copper smelters bracing for shortage of vital scrap metalAround 30% of China’s refined copper production used scrap metal as a feedstock in 2023.Bloomberg News | July 16, 2024 | 6:58 am
Vedanta seeks $1 billion in upsized share placementVedanta is joining a slew of Indian companies tapping stock…Bloomberg News | July 16, 2024 | 6:55 am
Tectonic Metals gets funding for gold exploration in AlaskaThe company's Flat gold project is located 40 km north…Staff Writer | July 15, 2024 | 3:01 pm
Newmont to sell six non-core assets in Canada, Australia The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023. Cecilia Jamasmie | February 22, 2024 | 4:03 am
Australia’s Orica seals $640m deal to buy US chemical firm Cyanco Cyanco produces NaCN, a specialized chemical required for gold processing, at its Nevada and Texas plants in the US. Reuters | February 21, 2024 | 2:00 pm
Vizsla Silver announces $22 million bought deal, shares down Net proceeds of the financing will go towards the exploration, drilling and development of its flagship Panuco silver-gold project. Staff Writer | February 21, 2024 | 11:17 am
China lithium futures ride environmental rollercoaster The most-active July contract on the Guangzhou Futures Exchange surged by 10%. Reuters | February 21, 2024 | 9:20 am
Aluminum price surges as White House plans fresh sanctions on Russia President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday. Bloomberg News | February 21, 2024 | 8:22 am
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia. Cecilia Jamasmie | February 21, 2024 | 3:47 am
CHART: China’s Belt and Road mining investment hits record China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus. Frik Els | February 20, 2024 | 9:57 am
Goldman, hedge funds step up activity in physical uranium as prices spike Shortfalls have lifted uranium prices to 16-year highs. Reuters | February 20, 2024 | 8:26 am
Osino-Dundee deal falls through after third-party superior bid The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia. Cecilia Jamasmie | February 20, 2024 | 3:25 am