France’s $1.6 billion uranium deal with Mongolia faces delaysA debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June.Bloomberg News | February 22, 2024 | 3:48 pm
Thai potash mine owner ITD weighing $500 million stake saleItalian-Thai Development Pcl is considering selling its 90% stake in…Bloomberg News | February 22, 2024 | 6:54 am
Eramet in talks with France to offload debt from SLN nickel unitEramet, which has refused to inject more funds into SLN,…Reuters | February 21, 2024 | 10:07 am
Top gold refiner exits Swiss industry group over sourcing fight Valcambi has resigned from the Swiss gold refining association after a disagreement over where it sources its gold. Bloomberg News | October 27, 2023 | 7:29 am
Eramet cuts Indonesia nickel ore target on permit delay Eramet expects Weda Bay to produce 30 million wet metric tons in 2023, down 5 million tons from its previous outlook. Reuters | October 26, 2023 | 7:00 am
Cornish Metals starts dewatering UK tin mine The process, expected to take 18 months, is a key part of of Cornish Metals’ efforts to reopen the South Crofty tin-copper mine. Cecilia Jamasmie | October 26, 2023 | 6:49 am
Trafigura denies knowing that nickel deals with Gupta were fake One of the world’s largest commodity traders revealed it had lost more than half a billion dollars after buying cargoes of nickel from Gupta’s companies, only to discover that they contained much lower value materials. Bloomberg News | October 25, 2023 | 2:37 pm
G7 announcement on Russian diamond ban expected by end of month The G7 held a technical meeting last week to discuss several proposals put forward by India, industry groups and Belgium. Reuters | October 25, 2023 | 10:11 am
US will extend EU metals tariff exemption if needed The US suspended import tariffs of 25% on EU steel and 10% on EU aluminum for two years from January 2022. Reuters | October 25, 2023 | 9:06 am
Whitehaven hits out at dissident investor’s ‘failure’ after BHP mines deal Hedge fund and a minority investor Bell Rock is against the miner's decision on the recent $4.1 billion acquisition of BHP's metallurgical coal mines. Reuters | October 25, 2023 | 7:46 am
Nornickel starts sulphur dioxide capture in Russia’s most polluted city The miner launched a multi-billion dollar project aimed at reducing sulphur dioxide emissions by 45% in Norilsk. Reuters | October 25, 2023 | 7:41 am
De Beers output falls amid Venetia mine transition De Beers stopped its 30-year open pit mining operations at Venetia last year to transition it to underground extraction. Cecilia Jamasmie | October 24, 2023 | 8:00 am