Lundin scion leads group raising $500 million for mining fundNordic Natural Resources Capital will take “sponsorship” stakes and invest in mining companies at development or construction phases of their projects.Reuters | October 5, 2023 | 11:49 am
Codelco loses CFO in latest blow to world’s top copper minerAlejandro Rivera resigned as CFO a day after Codelco’s investment-grade…Bloomberg News | October 5, 2023 | 11:29 am
Spotlight still on Vedanta $3 billion debt despite spinoff planWhile equity investors gave the demerger plan a thumbs up,…Bloomberg News | October 4, 2023 | 5:48 pm
Alcoa lobbying White House to block US imports of Russian aluminum Separately, Alcoa asked the London Metal Exchange to delist Russian aluminum. Reuters | October 13, 2022 | 2:06 pm
Fortescue sees first major hydrogen project within next 9 months Chairman Andrew Forrest launched FFI in 2020 with an ambitious goal to produce 15 million tons of green hydrogen by 2030. Bloomberg News | October 13, 2022 | 1:18 pm
Canada energy IPOs tough sell even as institutions return to sector French oil major TotalEnergies will be the first major test of energy investor interest for new listings. Reuters | October 13, 2022 | 1:01 pm
Teck backs electric tugboats at Neptune Terminal Teck is teaming up with SAAM Towage to deploy electric-powered tugboats at Neptune Terminal in Vancouver. Staff Writer | October 13, 2022 | 11:46 am
Codelco offers 2023 European copper premiums at record high The premiums set by Codelco for physical delivery of copper are seen as a benchmark for global contracts. Reuters | October 13, 2022 | 9:01 am
EU crisis opens opportunity for Australian green energy exports – Fortescue European nations are pushing to boost renewable energy resources amid an energy crisis to move away from Russian gas. Reuters | October 13, 2022 | 7:59 am
MMG to start arbitration against Congo’s Gecamines MMG said armed forces entered its Nambulwa mining lease on Sept. 16 claiming Gecamines had signed a research contract for it. Reuters | October 13, 2022 | 7:50 am
Barrick sees full-year gold output at lower end of forecast It now expects full-year gold production to be at the low end of the 4.2 million-4.6 million ounces range it forecast earlier. Reuters | October 13, 2022 | 3:45 am
Gold Fields bets on solar to cut costs and carbon A new solar power plant at the South Deep mine near Johannesburg will supply 24% of its electricity. Reuters | October 12, 2022 | 9:42 pm