MINING.COM

Carson Block raises money to bet on rising metals and mining stocks

Earlier this year, Block’s firm set up a long-only fund, Muddy Waters New World Order Fund, to invest in Vietnam.

Bloomberg News | June 18, 2024 | 5:46 pm

Glencore’s New-Mine Taboo May Finally End With Argentina Copper

Fraud police probing ex-Glencore staff plan to press charges

British prosecutors investigating former Glencore Plc employees over bribery allegations said they plan to bring long-awaited criminal charges.

Bloomberg News | June 18, 2024 | 7:27 am

Business rights or human rights? Swiss vote shines spotlight on companies

Peru miner Volcan eyes $200 million in further asset sales

The company, in which Glencore Plc sold a controlling stake last month, is looking to divest its holding in a Chilean cement maker as well as real estate.

Bloomberg News | June 17, 2024 | 1:03 pm

China’s Shenghe throws Vital Metals a lifeline

Canada blocks Chinese rare earths deal in Trudeau-led crackdown

Canadian government said it will buy stockpiled rare earth materials from Vital Metals to prevent the company from selling to a Chinese buyer.

Bloomberg News | June 17, 2024 | 10:26 am

China Jan-Feb aluminium output up 7.5% as demand hopes rise

China’s hydropower surge raises aluminum production to a record

Heavy rains have improved hydropower reserves in Yunnan and allowed smelters to recommence operations.

Bloomberg News | June 17, 2024 | 9:25 am

Cluff Africa agrees to develop Zimbabwe lithium mine

Cluff will be assigned a 45% share of licenses at Sandawana held by Kuvimba.

Bloomberg News | June 17, 2024 | 8:06 am

Copper price slides to eight-week low after more soft data from China

Copper prices recently hit a record high above $11,000, but have since retreated due to rising inventories and economic weakness in China.

Bloomberg News | June 17, 2024 | 7:33 am

Orano at risk of losing Niger uranium mine sought by Russia

Imouraren is one of the world’s biggest uranium deposits, with reserves estimated at 200,000 tons.

Bloomberg News | June 16, 2024 | 8:44 am

Congo’s Gecamines threatens to intervene in sale of cobalt firm

The DRC’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources if the new owner wants to take over a key mining permit.

Bloomberg News | June 14, 2024 | 12:26 pm