PDAC: Vale eyes doubling of copper output, CEO says
Brazilian iron ore giant Vale (NYSE: VALE) is targeting a doubling of copper output over the next decade as part of a plan to expand its footprint in three main…
Rio Tinto
Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a…
Chile’s right-wing pivot puts mining policy under microscope
Chile is entering a new political phase as a right-wing government prepares to take office, putting mining policy under renewed scrutiny in the world’s largest copper-producing country. In recent years,…
Q2 drills best lithium interval at Cisco as PEA nears
Drilling by Q2 Metals (TSXV: QTWO; US-OTC: QUEXF) at its Cisco project in north-central Quebec has returned several high-grade results – including the strongest interval encountered yet on the property…
Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
Rio gains control of Nemaska, eyes $300M investment
Rio Tinto (ASX, LSE, NYSE: RIO) said it plans to invest more than $300 million (C$411 million) this year to expand its lithium business in Quebec after assuming control of Nemaska…
Podcast: Glencore-Rio Tinto merger challenged by complexity, ft Bloomberg Intelligence’s Olsha
This week’s episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli about the recent failed merger discussions between Rio Tinto…
Indaba: New Cold War for minerals tests Africa’s ability to leverage huge resources
Africa’s vast critical-mineral endowment has thrust the continent to the centre of intensifying rivalries between the United States, China and other powers, but its future will depend more on governance…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…
Roundup Video: Indigenous pact advances Arctic corridor plan
An Indigenous-led partnership seeks to move the Arctic Economic and Security Corridor from a long-running idea into a defined infrastructure project, pitched as both a critical-minerals enabler and a sovereignty…
Indaba: Rio ramps up Simandou iron ore output
CAPE TOWN — Rio Tinto (ASX, LSE, NYSE: RIO) is on track to increase high-grade iron ore production from Guinea’s long-delayed Simandou, Africa’s biggest mining and infrastructure project, to more…
Rio Tinto, Glencore nix $260B mega-merger
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…