Vale sees iron ore output at high-end of 2024 guidance after Q2 rise The company reported output of 80.6 million metric tons for the steel-making ingredient in the three-month period ended in June. Reuters | July 16, 2024 | 3:08 pm
Copper market’s biggest whale fuels speculation of a major shift The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year. Bloomberg News | July 16, 2024 | 8:29 am
Development banks seek to revive world’s biggest power project The planned Grand Inga hydropower complex in the DRC has been stalled for decades. Bloomberg News | July 16, 2024 | 7:22 am
China copper smelters bracing for shortage of vital scrap metal Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023. Bloomberg News | July 16, 2024 | 6:58 am
Vedanta seeks $1 billion in upsized share placement Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country. Bloomberg News | July 16, 2024 | 6:55 am
Barrick’s quarterly gold and copper output edges higher Barrick Gold's second-quarter gold output edged up by almost 0.9% from the previous three months. Reuters | July 16, 2024 | 6:47 am
Marimaca Copper gets $50m injection from Assore Investment gives Assore International a 14.99% non-diluted stake in the Canadian copper company, which owns the namesake project in Chile. Staff Writer | July 16, 2024 | 6:07 am
AEMA, coalition launch legal challenge to BLM Conservation and Landscape Health Rule The American Exploration & Mining Association was joined by a coalition in filing a challenge last Friday in the Wyoming district court. Staff Writer | July 15, 2024 | 4:19 pm
Ontario First Nation seeks mining claims ban, for now at least There are some 10,000 mining claims in Grassy Narrows’s interim area of interest for over more than 2,850 sq. km in the province’s far northwest. Colin McClelland - The Northern Miner | July 15, 2024 | 12:06 pm
