April 28, 2023

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. 

April 27, 2023

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.

April 27, 2023

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.

April 26, 2023

Iron ore price mixed as steel group urges producers to cut output

The China Iron and Steel Association has urged producers to cut output to help ensure a stable cash flow.

April 26, 2023

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.

April 26, 2023

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.

April 25, 2023

Landowners working on injunction against Barrick’s restart of Porgera gold mine

Landowners served Barrick with a no trespass notice last week.

April 25, 2023

Prosper Gold goes after Mohave project in Arizona

The gold project includes 160 contiguous mining claims covering 1,176 hectares in Mohave County, Arizona.

April 25, 2023

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.

April 24, 2023

Silver market fundamentals strong as it enters a new era of supply deficits

Silver Institute says the global silver market was undersupplied by 237.7 million ounces in 2022, “possibly the most significant deficit on record.”