Rio Tinto names Shell’s Katie Jackson as new copper chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has appointed Katie Jackson, a former Shell executive, as the new head of the company’s copper division, based in London, U.K. Jackson,…
Europe
Agnico expands First Nordic stake to 13%
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest miner by market value, is investing $8.2 million to advance First Nordic Metals‘s (TSX-V: FNM) Oijärvi gold project that Agnico used…
Seabed mining body meets amid rising pressure for code
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…
Serbian top court clears path for Rio Tinto’s Jadar lithium project
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) could be back in the running to develop Europe’s top lithium mine after a Serbian court ruled the government unlawfully revoked the…
Critical Metals finalizes JV deal for Saudi Arabia lithium plant
Critical Metals Corp. (NASDAQ: CRML) says it’s finalized a deal with Saudi Arabia’s Obeikan Group to build a large-scale lithium hydroxide processing plant in the kingdom. The two will form…
Anglo American kicks off coal assets sale — report
Anglo American (LSE: AAL) is said to have formally kicked off a process to divest its coal assets, enlisting the services of three top banks as part of a broader…
Aclara, VAC team up to boost REE magnets production
Rare earths developer Aclara Resources (TSX: ARA) has entered into a strategic alliance with magnets producer VAC to provide a “mine-to-magnets” solution, targeting the growing market for responsibly produced permanent magnets needed…
Teck’s $9.5B coal sale to Glencore set to close July 11
The federal government has approved the $9.5-billion sale of Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) coal business to Swiss-based resource giant Glencore (LSE: GLEN). Teck agreed in November to sell the…
Analysis: Rate cuts may boost mining M&A
As summer holidays beckon, investors typically exchange their screens for a beach. However, with increased volatility in the market and more rate cuts expected this month by both the Bank…
Tracing global nickel production to its sources
Nickel is an essential component in electric vehicle (EV) batteries, solar panels and alloys for the aerospace industry. Nickel demand for EVs is projected to grow about 40 times by…
Amaroq gets enviro and social approvals for Greenland gold mine
Amaroq Minerals (TSXV: AMRQ; LSE: AMRQ) said Greenland’s government has approved its environmental impact assessment (EIA) and social impact assessment (SIA) for the Nalunaq gold project, clearing two key hurdles…
Lithium price surge unlikely to return: Fitch
The lithium market has entered a “new normal” period of stability with sustained price surges a thing of the past, analysts at FitchSolutions BMI said in a webcast Thursday. Falling…