Court approves billionaire Agarwal’s plan to reclaim Zambia mineVedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers.Bloomberg News | June 29, 2024 | 9:22 pm
Brazil’s Lula says deal with Vale on Mariana disaster ‘90% done’The offer unveiled earlier this month was less than the…Reuters | June 28, 2024 | 10:03 am
Vedanta set to regain control of Zambia copper mineBillionaire Anil Agarwal’s firm is ready to pay $250 million…Bloomberg News | June 28, 2024 | 9:03 am
Rio Tinto to invest $165 million in Quebec aluminum smelter renovation The miner asaid it will offset the carbon emissions related to the construction project through initiatives like planting trees near the aluminium smelter. Staff Writer | June 18, 2024 | 12:42 pm
BHP confident in reaching Mariana disaster settlement Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations. Staff Writer | June 18, 2024 | 10:52 am
Newmont contracts Wood to enhance Papua New Guinea mine A contract totalling $18 million was given to Wood to support the capital works program at the the gold mining operation. Staff Writer | June 18, 2024 | 8:23 am
Fraud police probing ex-Glencore staff plan to press charges British prosecutors investigating former Glencore Plc employees over bribery allegations said they plan to bring long-awaited criminal charges. Bloomberg News | June 18, 2024 | 7:27 am
Cameco, SaskPower, Westinghouse to explore nuclear reactor tech for clean electricity SaskPower is expected to make a final investment decision in 2029 whether to proceed with constructing the first SMR facility in Saskatchewan. Staff Writer | June 17, 2024 | 2:08 pm
SQM reaches supply deal with Hyundai, Kia The miner had previously landed supply deals with Ford Motors and battery maker LG Energy. Reuters | June 17, 2024 | 7:43 am
Serbia to give green light for Rio Tinto’s lithium mine The Jadar project could potentially produce 58,000 tons of lithium a year, starting in 2028. Reuters | June 16, 2024 | 8:54 am
Orano at risk of losing Niger uranium mine sought by Russia Imouraren is one of the world’s biggest uranium deposits, with reserves estimated at 200,000 tons. Bloomberg News | June 16, 2024 | 8:44 am
Union at BHP copper mine in Chile accepts contract, averting strike Earlier this week, workers and the firm reached an initial agreement that required a vote by union members to go into effect. Reuters | June 14, 2024 | 2:25 pm