MMG to invest $700 million to double copper output at Botswana mine MMG announced in March that it had completed a deal to buy Canada-based Cuprous Capital, the parent company of Khoemacau mine. Reuters | June 12, 2024 | 7:15 am
New aluminum, nickel superalloy promises 100% hydrogen combustion engines Known as a ‘complex concentrated alloy,’ the new aluminum and nickel alloy targets high-temperature applications. Staff Writer | June 12, 2024 | 6:10 am
BHP, Spence mine workers reach initial wage deal Union members have until Friday to vote on the preliminary wage deal agreed on the fifth day of government-mediated talks. Cecilia Jamasmie | June 12, 2024 | 5:32 am
Forget copper and gold as steel-making raw material outperforms Prices of 44% grade manganese ore have almost doubled since the start of the year, beating gains of 15% in copper, 12% in gold and almost 30% in tin. Bloomberg News | June 12, 2024 | 5:17 am
Green Battery, Volt Carbon to jointly develop Quebec graphite project The two aim to produce the key commodity used in lithium-ion batteries and processing it without needing water, chemicals or reagents. Cecilia Jamasmie | June 12, 2024 | 3:45 am
Gold rush grips Asia despite near-record prices Retail investors have been pouring money into the safe-haven asset, with the metal finding increased acceptance among younger buyers. Reuters | June 11, 2024 | 4:52 pm
US court receives offers for Citgo’s parent, credit bid submitted The share auction was organized in Delaware to pay creditors including oil producer ConocoPhillips and miners Rusoro, Crystallex and Gold Reserve. Reuters | June 11, 2024 | 4:05 pm
Chart: Codelco delivers worst month of copper output since 2006 The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier. Bloomberg News | June 11, 2024 | 3:41 pm
Column: China’s strong iron ore imports contrast with weak steel output China imported 102 million tonnes in May, marking a third straight month of arrivals of more than 100 million tonnes. Reuters | June 11, 2024 | 1:22 pm
