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Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline

Traders said that the incident could tighten supplies in the cobalt market.

Reuters | October 2, 2024 | 7:05 am

LME monitors tightness in aluminum market after spike in spread

The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.

Reuters | October 2, 2024 | 7:02 am

Canada reviewing Paladin’s Fission Uranium takeover on national security grounds

Paladin is awaiting a final court order and clearance under the Investment Canada Act to move ahead with the deal.

Cecilia Jamasmie | October 2, 2024 | 6:43 am

Uganda sets up state-owned firm to take stakes in mining operations

All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses.

Reuters | October 2, 2024 | 4:16 am

Iamgold closer to buying back 9.7% stake in Côté gold mine

The gold mine is currently owned as a joint venture set in December 2022 with Sumitomo, which lent Iamgold funds to complete the project.

Cecilia Jamasmie | October 2, 2024 | 3:53 am

A bitter feud risks ripping apart an $11 billion metals empire

A spat between two wealthy South Korean families over the future of a zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.

Bloomberg News | October 1, 2024 | 5:23 pm

Capstone achieves commercial production at MVDP, releases feasibility for optimized project

Capstone now plans to begin construction of the MV Optimized project following acceptance of its environmental permit application.

Staff Writer | October 1, 2024 | 3:33 pm

Canada to hit Chinese steel and aluminum with tariffs on Oct. 22

Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.

Bloomberg News | October 1, 2024 | 2:27 pm

Australian mine fight reignites Aboriginal heritage tensions

A decision by Environment Minister under a rarely used Aboriginal heritage protection law has stoked an outcry from mining groups.

Reuters | October 1, 2024 | 1:26 pm

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