October 22, 2018

Jacobs to sell energy unit to WorleyParsons for $3.3B

The deal is part of Jacobs’ strategy to optimize its portfolio with a focus on higher-growth, higher-profit infrastructure and commercial projects - CEO

October 22, 2018

Brazilian pension fund Previ won’t sell Vale shares before year end- CEO

Previ intends to reduce its stake in the miner over the medium-term.

October 22, 2018

BASF and Nornickel join forces in European EV battery push

The move is part of BASF plans to invest up to 400 million euros ($462 million) as a first step in building production plants for cathode materials in Europe.

October 22, 2018

RNC kicks off gold exploration drilling program at Australian project

Objective is to expand upon the Father's Day Vein high grade gold discovery at the A Zone area of the Beta Hunt mine, near Kambalda, Western Australia.

October 22, 2018

Lonmin in $200m loan deal with state-backed Chinese company

Under the deal, Lonmin will repay most of the loan by delivering platinum and palladium over a three year period to a subsidiary of Jiangxi Copper, China’s largest copper producer.

October 22, 2018

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

October 21, 2018

Wolverine Mine could be sold soon

The mine has been closed since 2015 after Yukon Zinc lost over $100 million in each of the three years it was in production.

October 21, 2018

Idaho reaches deal over abandoned silver-lead mine

The state may have a major cleanup ahead at the abandoned Triumph silver and lead mine.

October 21, 2018

Boom in EV batteries helps suppliers older than Ford’s Model T

Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.

October 20, 2018

New PEA suggests Ascendant could reduce operating costs at El Mochito

Ascendant is in the middle of a 30,000 metre infill drill program at El Mochito as it tries to increase mine life and reserves.