Lundin in talks with Japanese trading houses to develop Argentina mineNew CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine.Reuters | October 5, 2023 | 3:14 pm
BHP plans to keep its remaining coal after completing mine salesEfforts to divest BHP’s interests in the Daunia and Blackwater…Bloomberg News | October 5, 2023 | 2:39 pm
Teck aiming for coal, metals business separation announcement by end of 2023CEO Jonathan Price said the company is advancing a range…Reuters | October 5, 2023 | 12:45 pm
Brazil mining group sees steady investment regardless of election result Brazil is nearing the end of campaigning ahead of a second-round runoff election between leftist former President Luiz Inacio Lula da Silva. Reuters | October 20, 2022 | 2:00 pm
‘Strikingly tight’ copper market belies price drop, Freeport says Macroeconomic headwinds have pushed copper futures down almost 30% from a peak in March. Bloomberg News | October 20, 2022 | 1:21 pm
Aluminum rebound buoys Alcoa, muting global slowdown worries The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit. Bloomberg News | October 20, 2022 | 9:51 am
Freeport-McMoRan profit plunges on weak copper prices LME copper has given up 30% since touching a record peak in March. Reuters | October 20, 2022 | 7:40 am
Albemarle to stay in Europe if lithium declared hazardous by EU, CEO says The European Commission is weighing a proposal by the European Chemicals Agency that would classify lithium carbonate, chloride and hydroxide as dangerous for human health. Reuters | October 19, 2022 | 4:19 pm
Alcoa calls on US, allies to sanction ‘cheating’ Russian metal The comments come a week after Bloomberg News reported that the Biden administration is considering an outright ban of Russian aluminum. Bloomberg News | October 19, 2022 | 3:57 pm
Mining giants warn Chile mining royalty would impact investment BHP and Antofagasta said a mining royalty bill in Chile would affect competitiveness and encourage miners to reevaluate investments. Reuters | October 19, 2022 | 10:55 am
Rio Tinto’s proposed deal for Turquoise Hill endorsed by Glass Lewis Advisory firm recommended Turquoise Hill shareholders vote for Rio Tinto’s cash offer to acquire 49% of the shares it doesn’t own for C$43 a share. Bloomberg News | October 19, 2022 | 9:53 am
Biden awards $2.8 billion to boost US minerals output for EV batteries Albemarle and Piedmont are among the 20 manufacturing and processing companies winning US Energy Department grants. Reuters | October 19, 2022 | 8:25 am