Sumitomo Metal forecasts widening global nickel supply surplus in 2025According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia.Reuters | October 9, 2024 | 7:12 am
Rio pays premium multiple for Arcadium in biggest deal since 2007“We feel quite comfortable that we have not bought a…Frik Els and Cecilia Jamasmie | October 9, 2024 | 3:51 am
Zijin Mining buys Newmont’s Ghana gold project for $1 billionUnderground operations are expected to begin from 2028, extending the…Reuters | October 8, 2024 | 10:59 pm
Harmony targets first copper from Australia mine by 2028 Harmony acquired the Eva Copper project in Queensland in 2022 to diversify away from gold. Reuters | September 5, 2024 | 7:38 am
Piedmont Lithium pulls US government loan application as prices slump The move is fueling questions about where the company hopes to secure financing for its flagship North Carolina project. Reuters | September 5, 2024 | 7:29 am
Vale Base Metals begins dismantling structures at Copper Cliff smelter complex in Sudbury Dismantling of the copperstack and superstack marks the final chapter of the Clean AER project, VBM said. Staff Writer | September 4, 2024 | 2:48 pm
Chile’s top court rejects Tianqi appeal to halt SQM-Codelco deal Tianqi argued that the joint venture between SQM and Codelco should be submitted to shareholder approval. Reuters | September 4, 2024 | 11:00 am
Trafigura strikes $400 million cash-for-iron ore deal With MinRes For Trafigura, the deal represents the latest step in a push into iron ore trading. Bloomberg News | September 4, 2024 | 9:29 am
Glencore’s Peru boss Soyer to step down after Volcan sale Glencore's head of Peruvian operations is stepping down from her position. Reuters | September 4, 2024 | 7:04 am
US Steel warns Nippon deal failure would put thousands of jobs at risk Vice President Kamala Harris on Monday said she wants US Steel to remain "American owned and operated." Reuters | September 4, 2024 | 6:54 am
Codelco bids $500 million for stake in key Chile copper mine The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board. Bloomberg News | September 3, 2024 | 4:15 pm
Sinomine says its Tsumeb smelter contains over 700t of germanium Germanium is a critical mineral used in chipmaking, infrared technology, fibre optic cables and solar cells. Reuters | September 3, 2024 | 10:43 am