Ganfeng Lithium plans to build $1.1 billion trading deskDerivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said.Bloomberg News | July 16, 2024 | 7:04 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
Rio Tinto ready to build Simandou after almost 30 years of setbacksSimandou has faced delays due to legal disputes, political changes,…Cecilia Jamasmie | July 16, 2024 | 3:54 am
Freeport warns copper export ban could cost Indonesia $2bn in lost revenue Indonesia's export ban takes effect from June in an effort to force miners to invest in domestic smelting facilities. Reuters | March 28, 2024 | 3:11 am
Jiangxi Copper sees higher prices as it plans to raise output Shrinking margins haven’t deterred Jiangxi, which plans to increase refined copper output this year by 11% to 2.32 million tons. Bloomberg News | March 27, 2024 | 9:40 pm
Vale buys remaining 45% stake in Alianca Energia for $541 million The deal would give Vale 100% ownership of the energy company, which has assets including seven hydroelectric plants and three wind units. Reuters | March 27, 2024 | 3:33 pm
Buenaventura adds two board members from Chile’s Antofagasta A partnership between the two miners began late last year. Reuters | March 27, 2024 | 2:03 pm
Alamos buys Magino gold mine in Ontario for $325 million The transaction, scheduled to close in July, is expected to create $515 million in cost-savings over about two decades of production. Colin McClelland | March 27, 2024 | 11:22 am
Alrosa agrees to sell some production to the state The Russian finance ministry has agreed with diamond producer Alrosa to purchase part of the company's production. Reuters | March 27, 2024 | 11:14 am
Rivers near Congo copper and cobalt mines are toxic – report Local residents reported a lack of clean drinking water. Staff Writer | March 27, 2024 | 9:24 am
Chile’s mining minister urges SQM, Tianqi to resolve spat Tianqi last week raised concerns over transparency in the firm's talks on a partnership with state copper producer Codelco. Reuters | March 27, 2024 | 7:18 am
Magna Mining signs offtake deal with Vale for Crean Hill project Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing. Staff Writer | March 27, 2024 | 6:59 am