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 19, 2025 | 11:23 am Ghana army says 7 illegal miners killed in firefight at AngloGold Ashanti mine About 60 illegal miners carrying locally manufactured rifles and other weapons breached the Obuasi mine's…
January 17, 2025 | 3:49 am Codelco, Saudi Arabia eye joint copper investments The collaboration could also extend to lithium, as Saudi Arabia seeks to import the battery…
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…
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 18, 2025 | 12:10 pm Amarc stock nearly doubles on gold-copper discovery at JOY project in British Columbia Amarc's CEO called the AuRORA discovery "a significant inflection point" in the exploration of the…
January 17, 2025 | 2:20 pm Lithium Argentina investors OK Canada exit The move is expected to become effective Jan. 23, subject to approvals such as a…
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 | 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 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 company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.
Deep UK mine helps scientists figure out how humans would survive on Mars The Bio-SPHERE project investigates how scientific and medical operations would take place in the challenging environments of Mars and the moon. Staff Writer | June 2, 2023 | 6:06 am
Gemfields hits three records in latest emerald auction The coloured gems miner as achieved record revenue of $43.7 million in its latest emerald auction, held in the second half of May. Staff Writer | June 2, 2023 | 5:49 am
Teck’s attempt to gain CIC support for coal split hits wall — report The miner is reportedly finding it difficult to secure the support of top shareholder China Investment Corporation for a plan to exit coal. Cecilia Jamasmie | June 2, 2023 | 3:41 am
Fortescue Metals appoints Christine Morris as CFO Most recently, Morris served as the finance chief of Maersk Drilling. Reuters | June 1, 2023 | 5:31 pm
Rio Tinto to invest $395 million in Pilbara desalination plant Construction is expected to start in 2024 and the facility will be operational and producing water in 2026. Reuters | June 1, 2023 | 5:23 pm
European Lithium signs deal with Obeikan Group for hydroxide processing plant in Saudi Arabia Facility to be developed to meet initial capacity based on company's supply agreement with BMW. Staff Writer | June 1, 2023 | 4:08 pm
Copper output dips in Chile for potential boost to demand-hit market Production in Chile fell more than 5% in April from the prior month and output was down 1% from a year ago. Bloomberg News | June 1, 2023 | 2:03 pm
Pimco says gold is overvalued now, but has long-term appeal Greg Sharenow, who manages a portfolio focused on energy and commodities, calls gold a 25-year duration asset. Bloomberg News | June 1, 2023 | 1:50 pm
The world has a new no. 2 copper exporter Congo has been making huge strides thanks largely to the high-grade ore now being tapped by Ivanhoe Mines. Bloomberg News | June 1, 2023 | 11:39 am