China’s Yintai Gold to buy Osino Resources for $272 million The deal also will help Osino fast-track development of the wholly owned Twin Hills gold project in central Namibia. Reuters | February 25, 2024 | 4:25 pm
Alcoa bids $2.2 billion for Australian partner to control assets Alumina owns about 40% of of Alcoa World Alumina & Chemicals, the world’s largest producer of the metal. Bloomberg News | February 25, 2024 | 3:06 pm
Column: Metallurgical coal is the commodity world’s quiet performer The fuel used in steelmaking has quietly been a top performer in the energy commodity space in recent months. Reuters | February 25, 2024 | 12:09 pm
Indian steel mills seek iron ore export ban as China sales jump Indian exports jumped 170% to 44 million tons last year — most of which went to China. Bloomberg News | February 25, 2024 | 12:03 pm
Global uranium production to increase 11.7% in 2024 — report The production rise will predominantly come from key producers Kazakhstan and Canada, says GlobalData. MINING.com Editor | February 25, 2024 | 9:25 am
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say Research shows that Canada’s eight largest pension funds hold some $2.1 trillion in assets but only a quarter was invested in the country. Colin McClelland | February 25, 2024 | 7:05 am
What to expect in 2024 after diamond sector’s price plunge Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery. Paul Zimnisky | February 25, 2024 | 6:45 am
Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America. Bloomberg News | February 24, 2024 | 5:54 pm
Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine Operations were halted in 2017 when a claim brought by a human rights group alleged local Indigenous people’s right of consultation were violated in advance of granting the mining license. Staff Writer | February 23, 2024 | 4:01 pm
