January 17, 2025 | 2:40 pm Rio Tinto and Glencore spoke for months about deal that was once taboo The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.
January 17, 2025 | 7:58 am Copper in longest winning streak since 2017 on China demand hopes Copper was poised for a second weekly advance after data showed China’s GDP in 2024…
January 17, 2025 | 4:04 am Rio Tinto to form new lithium unit after Arcadium buy Rio Tinto Lithium would control the miner’s $2.5 billion Rincon project in Argentina but not…
January 17, 2025 | 11:03 am Anglo American targets deal for Brazil nickel mines in H1 2025 The Barro Alto and Niquelandia mines have attracted interest of bidders from “different nationalities and…
January 17, 2025 | 10:06 am Orano gets go-ahead from Mongolia for $1.6 billion uranium mine Orano and Mongolia’s state-owned MonAtom Group will together develop deposits holding an estimated 90,000 tons…
December 29, 2024 | 12:16 pm Supply-demand imbalance looms for critical battery raw materials by 2030: McKinsey
January 17, 2025 | 10:17 am Zambia looks to UAE and Saudi Arabia to back copper expansion The African nation aims to increase copper output to a record above 1 million tons this year.
January 17, 2025 | 2:11 pm Gunnison Copper, Rio’s Nuton get $13.9m tax credit to expand production in Arizona The Johnson Camp mine is under construction, with first copper production expected in mid-2025.
January 16, 2025 | 2:08 pm Column: Tin falls back to earth but supply problems haven’t gone away Investors lost faith in tin's bull narrative towards the end of 2024, slashing bets on…
January 16, 2025 | 6:00 am Will Indonesia shut the nickel spigot to spur prices? Indonesia’s clout in the global nickel market rivals OPEC’s in oil.
January 15, 2025 | 11:25 am Value of 50 biggest mining companies drops by $126 billion The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion…
January 17, 2025 | 12:53 pm O3 Mining investor knocks Agnico offer Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.
January 17, 2025 | 11:28 am First Quantum cuts guidance on Zambia sequencing The Toronto-headquartered company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.
Biden administration aims $2 billion in grants at US electric vehicle transition Auto workers union has warned that a rapid change to EVs could put thousands of jobs at risk. Reuters | June 29, 2023 | 8:28 am
Gold Fields sees growth from new mines as it pivots to Americas Miner aims to focus on new mines after failed Yamana Gold buy. Reuters | June 29, 2023 | 7:34 am
Fixing deep-sea mining damage would be double the cost of extraction — study Ecosystem restoration would cost between $5.3 - $5.7m per sq. km, compared with $2.7m sq. km to mine the seafloor. Reuters | June 29, 2023 | 5:10 am
Researchers find correlation between cadmium exposure and residing close to mine sites in China Urinary cadmium levels were higher in people living near mining areas in China’s Hunan Province than in those living in other places. Staff Writer | June 29, 2023 | 5:06 am
French-British venture to develop UK’s largest lithium deposit France's Imerys and junior miner British Lithium have teamed-up to open a mine with capability to supply lithium for 500,000 EVs by 2030. Cecilia Jamasmie | June 29, 2023 | 3:59 am
World faces ‘terrifying’ future if miners, regulators don’t step up — Newcrest The mining industry needs to bring online the equivalent of 17 more Escondidas by 2050, says interim CEO Sherry Duhe. Reuters | June 28, 2023 | 5:58 pm
Newcrest eyes major expansion of Red Chris gold-copper project The company plans to decide later this year on whether to add underground block cave mining to its open pit operations. Bloomberg News | June 28, 2023 | 5:54 pm
K92 Mining reports two deaths at mine in Papua New Guinea Two individuals have been fatally injured following an incident involving a vehicle at the Kainantu gold mine. Reuters | June 28, 2023 | 2:12 pm
Hot Chili PEA for Costa Fuego calls for annual output of 209,000 lb. copper, 49,000 oz. gold According to the PEA, the post-tax net present value (8% discount) will be $1.1 billion, and the post-tax internal rate of return will be 21%. Staff Writer | June 28, 2023 | 10:47 am