Glencore, carmakers lead $1bn acquisition of Appian nickel-copper mines in Brazil
Deal includes the gold royalty on Mineração Vale Verde, which will be sold to ACG for $65 million in cash.
Cecilia Jamasmie , Editor-in-Chief
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Glencore bids for Teck Resources’ coal unit
The Swiss miner and commodities giant is willing to buy Teck's steelmaking coal business as alternative to a full merger.
Hummingbird Resources pours first gold at Kouroussa mine in Guinea
Kouroussa, Hummingbird’s second operating mine in Africa, will ramp up to commercial production during the second half of 2023.
BHP’s Xplor looking for more copper, nickel exploration projects
BHP Xplor’s VP Sonia Scarselli says demand-supply equation for other battery metals is not as stretched as that for those two metals.
Franco-Nevada grows royalty on Marathon Gold’s Valentine project
Valentine is considered the largest undeveloped gold project in Atlantic Canada and is scheduled to begin production by the first quarter of 2025.
Petra Diamonds flags revenue hit as it defers sale to August
It said the move followed “a temporary slowdown” in the rough diamonds market caused by elevated inventory in the mid-stream sector.
Teck evaluating “several” proposals for its coal assets
The Canadian miner, which is fending off a takeover bid from Glencore, said it has been approached with potential deals for its coal unit.
Wildfires force miners in Quebec and Labrador to halt operations
About 200 military personnel were on the ground on Tuesday morning to help control the fires and aid companies to evacuate employees.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
