BHP, KGHM join forces in global hunt for copper
BHP (ASX, LSE, NYSE: BHP), the world’s largest miner, and KGHM Polska Miedź (WSE: KGH) are joining forces to hunt for new copper deposits globally as demand for the metal…
South America
MMG faces EU antitrust warning over Anglo nickel deal
MMG’s $500-million purchase of Anglo American’s (LSE: AAL) Brazilian nickel assets is facing another hurdle, with European regulators expected to formally spell out competition concerns about the Chinese-controlled miner’s proposed…
Brazil needs price floors to back processing, miners say
Brazil is on the cusp of a new policy to fund domestic refining for lithium and the world’s second-largest rare earth reserves, but miners say it lacks U.S.-style metal price…
Collective slides on Apollo’s 4.1M-oz gold resource
Collective Mining (TSX, Nasdaq: CNL) shares fell 9% Wednesday after the company outlined a first resource containing 4.1 million oz. of gold at its Apollo deposit in Colombia, even as…
Chile mines 1/4 of world’s copper, but smelts just 4%
Chile, the world’s largest copper producer, is mining nearly a quarter of global concentrate while smelting just 4.2% of the world’s copper, exposing a widening gap in a supply chain…
Marimaca hits thick copper-silver zone at Pampa Medina in Chile
Marimaca Copper (TSX: MARI; ASX: MC2) has cut 216 metres grading nearly 1% copper at Pampa Medina in Chile’s Antofagasta Region while step-out drilling pushed the copper-silver system 300 metres…
US bank eyes $750M for Aclara rare earth plant
The Export-Import Bank of the U.S. might provide up to $750 million towards Aclara Resources’ (TSX: ARA) Project Dynamo rare earths processing plant in Louisiana in another push from Washington…
Deals sharpen South America’s critical minerals edge
South America is moving to turn its vast mineral wealth into a coordinated production and investment hub as governments race to secure critical minerals for energy, technology and defence. Chile,…
Vale shelves base metals IPO: Globe
Vale (NYSE: VALE) has shelved plans for an initial public offering of its critical-minerals subsidiary Vale Base Metals (VBM) amid political opposition in Brazil to potentially losing control over strategic…
Colombia scraps 10 mining rules to attact investors
Colombia’s new government has repealed 10 resolutions restricting natural resource exploration and extraction, accelerating President Abelardo De La Espriella’s push to revive mining investment and unlock the country’s largely untapped…
Albemarle taps BHP veteran Udd as next CEO
Albemarle (NYSE: ALB), the world’s largest lithium producer, has named BHP (ASX, LSE, NYSE: BHP) executive Ragnar Udd as its next CEO as surging energy-storage demand tightens the battery-metal market….
SW US CEO chat: Hudbay builds copper giant
Hudbay Minerals (TSX, NYSE: HBM) says it can build two of the largest planned U.S. copper mines without issuing equity, thanks to a financing package backed by offtaker Mitsubishi, streamer…