October 9, 2024 Rio pays premium multiple for Arcadium in biggest deal since 2007 “We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what…
October 9, 2024 Festive hopes fade for India’s gold industry after price surge A rebound in gold prices to a record peak has dashed the Indian bullion industry's expectations of a lucrative festival season after their hopes were boosted by a deep cut…
October 8, 2024 Rio Tinto buys Arcadium for $6.7 billion cash Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.
October 8, 2024 Zijin Mining buys Newmont’s Ghana gold project for $1 billion Underground operations are expected to begin from 2028, extending the mine’s life to 2042 and delivering about 186,00 ounces of gold a year.
October 8, 2024 Arcadium’s vast lithium portfolio lures Rio at the right time So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans.
October 8, 2024 Japan’s JX Advanced Metals files IPO application in Tokyo The metal company, which retains a 30% stake in Caserones, plans to remain in mining and smelting to secure essential metals.
October 8, 2024 Cameco eyes expansions of uranium mines on rising nuclear demand Growing demand for nuclear power poses the “best fundamentals I’ve ever seen for nuclear in my 40-year career,” its CEO said.
October 8, 2024 China is oversupplying lithium to eliminate rivals, US official says "That is an intentional response by the People's Republic of China to what we are trying to do" with the Inflation Reduction Act.
October 8, 2024 Hopes for repeat of May’s copper price blowout fade Copper prices fell sharply on Tuesday after hopes of further stimulus in China evaporated and conditions for a repeat of May’s record setting squeeze faded.
October 8, 2024 Gold ETFs registered fifth month of inflows in September, says WGC A stronger gold price and recent inflows pushed total assets under management to a month-end peak of $271 billion.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
