Peak Rare Earths locks in $18 million to develop Tanzania project
Final investment decision on the Ngualla Neodymium and Praseodymium (NdPr) rare earth deposit will be made by the end of September.
Cecilia Jamasmie , Editor-in-Chief
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Chile’s lithium plans not really ‘nationalization’ say experts
State-led production of the battery metal is seen by some analysts as a positive change, but likely years away.
Chile’s state miner seeks $1.5 billion from lithium partner
Enami has the rights to five lithium deposits in the Siete Salares area, with a collective net asset value estimated in $2.5 billion.
Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil
It's taking a 30% stake in alumina refinery Alunorte and a 5% interest in bauxite producer Mineracao Rio do Norte, both in Para, Brazil.
Glencore says takeover bid for Teck stands after spinoff fails
Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.
Teck takes restructuring plan off the table ahead of vote
Teck said it will pursue instead "a simpler and more direct separation" proposal to best unlock the full value for its shareholders.
First Quantum’s issues in Panama hit earnings, production
Results were also affected by a severe rainy season in Zambia, home to its Sentinel and Kansanshi copper mines.
Anglo American’s copper output up 28% in first quarter
Production hit 178,100 tonnes of copper in Q1 mainly due to the ramp-up of its newly opened Quellaveco copper mine in Peru.
Horizonte closer to beginning production at Brazil nickel project
The Araguaia nickel mine in northern Brazil is on-schedule for production in Q1 2024, with over 50% of the construction finished.
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.
