South32 backs $35M push at Alaska copper project
The miner has signed off on a $35M work program to advance its Arctic copper project in Alaska through the Ambler JV.
aluminum
Rio Tinto copper output rises as merger talks loom
Rio Tinto’s (ASX, NYSE, LSE: RIO) copper production rose 5% in the fourth quarter as a surge from Mongolia’s Oyu Tolgoi underground expansion more than offset weaker output at Chile’s…
Geopolitics, tight investment to shape mining: WoodMac
Geopolitical shifts, a rewired energy transition and disciplined capital allocation will define the global metals and mining sector in 2026, according to Wood Mackenzie. “2026 will be a year of…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…
Maaden invests $110B in Saudi bid to be mining giant
Saudi Arabia’s Maaden plans to invest $110 billion into metals and mining over the next decade, the latest move by the state-owned miner as it aggressively expands in the sector….
Glencore holds merger talks with Rio
Rio Tinto (NYSE, LSE, ASX: RIO) and commodities trading giant Glencore (LSE: GLEN) are holding preliminary talks about combining some or all of their businesses in a deal that could…
Banks remain bullish on gold above $4,500
After delivering its best annual performance since 1979, gold is drawing fresh bullish calls from major banks as conditions line up for fresh record highs. In a note published on…
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…
BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and U.S.-based…
Axis sues Guinea for $29B over bauxite permit
United Arab Emirates-based bauxite producer Axis International has filed a $28.9-billion arbitration claim against Guinea at a World Bank tribunal after the government revoked its mining permit in May. Axis…
London Symposium JV Video: Impact Minerals eyes copper find, alumina ramp after BHP grant
Impact Minerals (ASX: IPT) is using BHP’s (ASX, LSE, NYSE: BHP) Xplor grant to accelerate a deep copper hunt at Broken Hill while it advances its Lake Hope high-purity alumina…