Nickel faces existential moment with half of mines unprofitable

Nickel price fell 45% last year, and is currently hovering around $17,000 a ton.

Bloomberg News | February 26, 2024 | 7:01 am

MIND ID to acquire 14% stake in Vale Indonesia

The divestment is a key condition for the extension of…

Reuters | February 26, 2024 | 6:47 am

Alcoa bids $2.2 billion for Australian partner to control assets

Alumina owns about 40% of of Alcoa World Alumina &…

Bloomberg News | February 25, 2024 | 3:06 pm

Hudbay Minerals shares rise on record revenue for 2023

The miner reported record annual revenue of $1.69 billion.

Staff Writer | February 23, 2024 | 9:38 am

AngloGold Ashanti posts 3% drop in 2023 output

Poor ground conditions at Obuasi in Ghana and a carbon-in-leach…

Reuters | February 23, 2024 | 7:42 am

Nutrien freezes potash output ramp up, US ammonia project on weak market

The world's top fertilizer producer is indefinitely pausing plans to boost potash production due to market conditions.

Cecilia Jamasmie | August 4, 2023 | 5:53 am

Craze for anything EV sends steelmaker on $18 billion ride

The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July.

Bloomberg News | August 3, 2023 | 9:56 pm

China Baowu wants new models of cooperation with Vale

The world's largest steelmaker hopes to keep a stable iron ore supply with a reasonable price.

Reuters | August 3, 2023 | 10:26 am

Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM

The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment.

Reuters | August 3, 2023 | 6:47 am

Albemarle jumps into global race to reinvent lithium production

A successful move into the DLE sector would likely cement Albemarle's dominance in the fast-growing industry.

Reuters | August 3, 2023 | 6:00 am

Solitario Resources stock lifted by Newmont investment

Newmont has become its largest controlling shareholder following a $1.8m investment.

Staff Writer | August 2, 2023 | 4:21 pm

Albemarle boosts profit forecast on surging lithium demand, shares jump

The company posted net income for the second quarter ended June 30 of $650 million, or $5.52 per share.

Reuters | August 2, 2023 | 1:47 pm

Jaguar Mining buys IAMGOLD’s Brazilian assets for $9 million

Jaguar's principal operating assets are currently all located within the Iron Quadrangle, a prolific greenstone belt in Minas Gerais.

Staff Writer | August 2, 2023 | 9:00 am

Trafigura’s $600 million cobalt play faces cash crunch in Congo

Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud.

Bloomberg News | August 2, 2023 | 7:42 am

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