Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
Rio Tinto
Global mining stars due at third annual Saudi green metals conference
Saudi Arabia seeks to funnel more petro-dollars to battery metal projects with an all-star lineup at its third annual Future Minerals Forum in January. Leaders of the world’s largest…
Rio Tinto raises Yukon copper project stake, cuts diamond plan interest
Rio Tinto (LSE: RIO; ASX: RIO) is reshuffling its interests in two Canadian projects as it seeks to focus on green energy metals such as copper. Rio Tinto is spending…
Ivanhoe to start copper exploration in Angola
Ivanhoe Mines (TSX: IVN), founded by billionaire Robert Friedland, plans to begin exploring Angola early next year for copper after securing rights over an area the size of Switzerland. The…
Uranium sector ‘scrambling’ to fill supply gap
The price of uranium will hit triple-digits for the first time since 2007 as nations weaning off oil and seeking energy security deplete nuclear fuel supplies, the world’s largest investment…
IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday its former aluminum boss for…
JV Article: Automaker Stellantis takes 19.9% stake in Argentina Lithium subsidiary
Amsterdam-based carmaker Stellantis (NYSE: STLA), whose iconic brands include Alfa Romeo, Chrysler, Citroën, Fiat, Opel, Maserati, Peugeot, Jeep and Vauxhall, has invested US$90 million equivalent in Argentine pesos in Canada’s…
Rio Tinto, Codelco partner up to find more copper in Chile
Mining giant Rio Tinto (ASX: RIO; LSE: RIO) and Chilean state copper miner Codelco created on Wednesday the Nuevo Cobre (New Copper) joint venture to explore and potentially develop the…
JV Video: Western Copper and Gold nears Rio Tinto decision on Yukon project
Western Copper and Gold’s (TSX: WRN; NYSE-AM: WRN) Casino project in the Yukon is approaching a decision this month whether Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will further…
Erdene Resources gets US$30M on revised deal for Mongolia gold project
Erdene Resource Development (TSX: ERD) has received a US$30 million ($41.1 million) investment earlier than originally planned after amending its strategic alliance deal with Mongolia’s largest independent miner for the development…
Rio Tinto cuts Canadian iron ore guidance
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has once again cut iron production targets for its iron ore operations in Canada, citing extended plant downtime and conveyor belt failures. Output from…
New resource bolsters Arizona Sonoran’s Cactus copper project
Arizona Sonoran Copper (TSX: ASCU) has nearly tripled its measured and indicated resource at the Cactus porphyry project on the site of the past-producing Sacaton mine south of Phoenix. Cactus…