IAMGOLD to gain full ownership of Nelligan project with friendly takeover of Vanstar Mining

Under the terms of the current JV agreement, IAMGOLD has the option to acquire an additional 5% interest for 80% by delivering a feasibility study on the Nelligan project.

Staff Writer | December 5, 2023 | 9:22 am

China can’t control the price of iron ore, Vale CEO says

“The rule of the economics are going to drive the…

Bloomberg News | December 5, 2023 | 7:23 am

Codelco’s production falls 5.7% in October – Cochilco

The world's largest miner of the metal has struggled with…

Reuters | December 5, 2023 | 7:07 am

Vale offers iron ore price support with steady output plan

Nickel production was estimated at 160,000 to 175,000 tons next…

Bloomberg News | December 5, 2023 | 7:05 am

Rio Tinto to move towards renewable diesel at Kennecott

The miner plans to replace its entire fossil diesel consumption…

Reuters | December 5, 2023 | 6:36 am

Rio Tinto, Marubeni agree on first sale of high-purity aluminum

The low-carbon-aluminum deal comes as Japan targets zero net carbon emissions by 2050.

Reuters | February 16, 2023 | 8:02 am

Teck said to plan coal spinoff to focus on metals

The miner is expected to make an announcement on the spinoff as early as next week.

Bloomberg News | February 16, 2023 | 7:41 am

Albemarle expects 40% Chinese EV market growth to drive lithium demand

Chinese lithium customers are not slowing orders and the country's stockpiles of cathodes and battery parts are decreasing.

Reuters | February 16, 2023 | 7:16 am

Mitsubishi Materials targets more mines to triple copper output by 2030

Company is also considering mergers and acquisitions in rare earth and lithium-ion battery recycling.

Reuters | February 16, 2023 | 7:05 am

South32 sees China manganese demand up as half-year profit falls

A pick-up in property-related steel demand from China would underpin higher manganese prices in coming months, CEO Graham Kerr said.

Reuters | February 16, 2023 | 6:57 am

Two missing Australian zinc mine workers found dead

A third employee was rescued with minor injuries.

Reuters | February 16, 2023 | 6:52 am

Barrick CEO calls recent takeover wave ‘over the top’

"We’re not shy on doing deals that create value for our stakeholders, but we are guided very clearly by our investment focus," Bristow said.

Bloomberg News | February 16, 2023 | 5:22 am

South32 half-year profit falls on easing commodity prices

Underlying earnings for the six months ended Dec. 31 was $560 million, compared with $1 billion in the previous corresponding period.

Reuters | February 15, 2023 | 2:14 pm

Albemarle’s lithium sales jump fivefold despite price hikes

The company posted net income of $1.13 billion, compared with a loss of $3.8 million the year-ago period.

Reuters | February 15, 2023 | 2:09 pm

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