Cosan acquires 4.9% of Vale, plans to buy more Cosan said it made the purchase "through a subsidiary and a combination of direct investments, equity and derivative operations." Reuters | October 7, 2022 | 10:54 am
Anglo American worried about delays at new Peru copper mine Anglo's Quellaveco mine is the largest new project set to start commercial operations this year, with an investment of $5.5 billion. Reuters | October 7, 2022 | 10:50 am
Japanese aluminum buyers negotiate 33% drop in Q4 premiums The figure is lower than the $148 per tonne paid in the July-September quarter and marks a fourth consecutive quarterly drop. Reuters | October 7, 2022 | 9:27 am
Tycoon faces key vote for plan to tap Vedanta cash reserves The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March. Bloomberg News | October 7, 2022 | 9:17 am
Gold price falls as US jobs data keeps Fed on hawkish track The data will put the Fed on course for another outsize interest-rate hike as it tries to cool the US labor market. Staff Writer | October 7, 2022 | 8:57 am
SolGold becomes sole owner of Cascabel with Cornerstone buy The friendly deal is SolGold’s third attempt to take over the Canadian junior to own 100% of the project in Ecuador. Cecilia Jamasmie | October 7, 2022 | 8:34 am
Copper price down on US jobs report The Labor Department report showed employers added a larger-than-expected jobs, raising fears of big rate hike next month. MINING.COM Staff Writer | October 7, 2022 | 7:49 am
Collective Mining grows Guayabales gold zone in Colombia Diamond drill hole APC-14 at the Apollo target extended the southern dimension of the Main Breccia discovery, increasing its overall width by 90%. Staff Writer | October 7, 2022 | 7:45 am
S.Africa’s Transnet strike may impact manganese exports Transnet declared force majeure at its ports on Thursday. Reuters | October 7, 2022 | 7:17 am
