Ex-Trafigura metals boss to run new team of 40 at rival Mercuria

A copper trader who has long been one of the most bullish voices in the market, Kostas Bintas will start next week at Mercuria.

Bloomberg News | June 24, 2024 | 11:11 am

Eramet, BASF cancel plan to invest $2.6 billion in refining complex in Indonesia

Eramet said it will continue to evaluate potential investments in the nickel electric vehicle battery value chain in Indonesia.

Reuters | June 24, 2024 | 10:43 am

Sitka buys Victoria Gold’s abutting Clear Creek in Yukon

As consideration, Victoria will receive approximately 8% of Sitka's outstanding shares.

Staff Writer | June 24, 2024 | 10:38 am

Ganfeng sues Mexico over lithium permit cancellation

The Chinese lithium giant and two of its subsidiaries filed for arbitration at the World Bank's centre for investment disputes.

Cecilia Jamasmie | June 24, 2024 | 9:55 am

Brazil prosecutors seek $668 million from Vale, BHP for gender violations in reparations

The new lawsuit comes as Vale and BHP hope to reach a tentative agreement by the end of this month.

Reuters | June 24, 2024 | 9:23 am

Gowest Gold announces go-private transaction at premium offer price

The company pointed to the challenges it has faced over the years in raising sufficient capital for its Bradshaw deposit.

Staff Writer | June 24, 2024 | 9:17 am

Adani, Hindalco show interest as Hindustan Copper plans to develop two mines

Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand.

Reuters | June 24, 2024 | 7:23 am

Heavy rains in Chile cause mining tailing overflow

A tailings dam belonging to copper miner Las Cenizas in central Chile began overflowing overnight on June 13.

Reuters | June 24, 2024 | 7:05 am

Paladin Energy to buy Fission Uranium for $833 million

The deal comes at a time when prices for uranium, used to fuel most of the world's nuclear reactors supplying 16% of the global energy, have increased significantly last year due to rising demand and limited supply.

Reuters | June 24, 2024 | 6:44 am

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