September 8, 2018

Chinese aluminum gushes onto world markets on Rusal supply fears

Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.

September 7, 2018

Mining exploration spending in Australia jumps to 5-year high

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

September 7, 2018

Lundin gives up on Nevsun after Zijin’s $1.41 billion offer

Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.

September 7, 2018

Luxembourg’s mining-focused Space Agency ready to lift off

Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from…

September 6, 2018

Leaders in raising mining capital in 2017

Yancoal Australia was on top.

September 6, 2018

China’s Western Mining to launch Qinghai copper smelter next month -chairman

Qinghai, which involved investment of 2.4-2.5 billion yuan, is undergoing test production and output will ramp up gradually after commercial launch.

September 6, 2018

Rusal’s August aluminium exports up 7 percent from July – Ifax

MOSCOW, Sept 6 (Reuters) – Russian aluminium producer Rusa , under U.S. sanctions since April, increased its aluminium exports by 7 percent […]

September 6, 2018

China’s CITIC to be Ivanhoe Mine’s top shareholder in $548m-deal

Transaction, which gives CITIC a 20% stake in the Canadian miner, has received all necessary approvals and it’s expected to close on Sep. 19

September 5, 2018

Zambia to trim budget gap; May be considering higher mine taxes

The Finance Ministry is targeting a budget shortfall of 6.5 percent of gross domestic product next year, compared to 7.4 percent this year.

September 5, 2018

Copper deal day hits with a flurry of M&A for the hottest metal

“Everyone loves copper and everyone wants to buy it” has been this year’s mining mantra. Today the ball started rolling.