South32 sells aluminum businesses to Alcoa for $5.6B
Australia’s South32 (ASX: S32) has agreed to sell nearly its entire aluminum portfolio to Alcoa (NYSE: AA; ASX: AAI) in a deal valued at up to $5.6 billion (C$7.9 billion)….
Articles by Mining.com Staff
Cameco shuts Cigar Lake mine on Orano mill disruption
Cameco (TSX: CCO; NYSE: CCJ) says it has temporarily suspended operations at its Cigar Lake mine in northern Saskatchewan, citing disruptions at the McClean Lake mill operated by France’s Orano….
Gold price set for worst quarter in 13 years
Gold is on track for its worst quarter in 13 years as war-induced inflation concerns in recent weeks sent the metal on a downward spiral that took out its entire…
Nigeria IDs critical minerals to shift from oil
Nigeria says it has found a significant critical minerals area as Africa’s largest oil producer seeks to diversify its economy and join the race to supply battery and technology metals…
Sweden grants 25-year rare earths concession
The Swedish government has granted Leading Edge Materials (TSXV: LEM) a 25-year mining lease for one of Europe’s leading heavy rare earths projects after the company addressed environmental concerns and…
REalloys gets US Army site nod, raises $100M
REalloys (Nasdaq: ALOY) is raising $100 million through a securities purchase agreement with institutional investors and the U.S. Army selected it among companies to build processing plants on military bases. …
Gold selloff opens door to investors: BofA
Gold’s recent selloff has opened up a new opportunity for investors, though patience may be required for the precious metal to weather the storm created by the current macro environment…
Timeline: The Oyu Tolgoi saga
From discovery to blockade: the twists, deals and disputes behind Mongolia’s Oyu Tolgoi copper-gold mine.
US sanctions shut Canada’s only cobalt refinery
Sherritt International (TSX: S) has begun shutting down its Fort Saskatchewan refinery after expanded U.S. sanctions on Cuba halted the feedstock supply needed to keep the Alberta plant running. The…
Deutsche Bank cuts gold price target by 22%
Deutsche Bank has become the latest major institution to revise down its near-term target for gold prices amid concerns over inflation and high interest rates. In a note published Tuesday,…
Gold miner sues BC over ‘stripped’ mining rights
MCC Canadian Gold Ventures says it has launched a multi-million dollar lawsuit against the British Columbia government after the province stripped MCGV of its mining rights through Orders in Council…
China blacklists US firms in rare earths war
China has imposed export controls on two American rare earth companies central to U.S. efforts to build alternative supply chains for critical minerals used in advanced manufacturing and defence. MP…