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.
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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.
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.
Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion
The loan is nearly 50% larger than a conditional funding commitment made two years ago, and cannot be reversed by incoming President Donald Trump.
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 backgrounds,” says its CEO in Brazil.
CME precious metals stocks soar on Trump tariff threat
Gold stocks in COMEX-approved warehouses have jumped by one-third in the past six weeks.
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.
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 of uranium.
EU environment chief sees opportunity in recycled raw materials
The EU is under growing pressure from businesses to foster the investment needed to build a sustainable economy and ensure access to key raw materials.
