Will Indonesia shut the nickel spigot to spur prices?
Indonesia’s clout in the global nickel market rivals OPEC’s in oil. The Southeast Asian nation — an archipelago of more than 17,000 islands straddling the Indian and Pacific oceans —…
BHP
Vale sinks to lowest market value since 2016 – Citibank
The stock market value of base metals giant Vale (NYSE: VALE) has fallen to its lowest since 2016 on investor concerns over iron ore and nickel as well as uncertainties…
Faraday’s Copper Creek drill results show resource growth potential in Arizona
Faraday Copper (TSX: FDY; US-OTC: CPPKF) on Wednesday reported high-grade drill results from its Copper Creek project in Arizona, expanding near-surface and vein-hosted mineralization. Faraday’s drilling supports the theme of…
London Symposium JV Video: Major backers drive exploration push at Brixton Metals’ BC assets
Brixton Metals (TSXV: BBB; US-OTC: BBBXF) has sharpened its focus on the massive Thorn project in northwestern British Columbia, aiming to find large-scale copper-gold porphyry deposits, a London event heard….
London Symposium JV Video: Cornejo, Lundin redefine mining sustainability and bold deals
Forward-facing partnerships and sustainable innovation are reshaping the mining industry’s future, Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) Amparo Cornejo and Lundin Group’s Adam Lundin told an industry event in…
Rio Tinto, BHP, BlueScope select Perth to build low-emission iron plant
Australia’s two largest iron ore miners, Rio Tinto (ASX, LSE, NYSE: RIO) and BHP (LSE, NYSE, ASX: BHP), working with BlueScope Steel, have selected Perth to locate the country’s largest…
Australia’s $281B nuke plan to change uranium mining
Australia’s opposition leader, Peter Dutton, has unveiled a A$311 billion ($281 billion) plan to introduce nuclear power into the country’s energy mix, a proposal that could radically alter the nation’s…
BHP, Rio Tinto face sexual harassment class actions in Australia
Miners are accused of fostering environments at Australian sites where female staff faced systemic sexual harassment and discrimination.
Lundin sells European mines to Boliden for US$1.3B
Canada’s Lundin Mining (TSX: LUN) is selling its Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden to Boliden (STO: BOL) for US$1.3 billion in upfront cash, with potential…
Rio Tinto unveils initial resource at Rincon lithium project in Argentina
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) has released its initial resource and ore reserve estimates for the Rincon lithium project in Argentina, marking a significant milestone in its…
Anglo shares rise amid renewed takeover speculation
BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.
Vedanta to invest US$2B in Saudi copper projects
Vedanta Copper, a subsidiary of India’s Vedanta, has announced plans to invest US$2 billion in copper-processing facilities in Saudi Arabia, a fresh boost to the kingdom’s aspirations to establish itself…