September 23, 2024

Aurubis sees earnings decline next year on lower metal prices

Inflated start-up costs for strategic projects, especially for a new recycling plant in the US, have weighed on next year's outlook.

September 23, 2024

Nornickel opens EV battery R&D centre

The R&D center in St. Petersburg will be used to study the use of nickel-containing cathode active materials in electric batteries.

September 22, 2024

Rio Tinto chairman warns mining deals won’t solve supply crisis

Rio has been quiet in the dealmaking space, instead allocating hundreds of millions into exploration with a focus on copper and lithium.

September 20, 2024

Incoming CEO of Vale to start Oct. 1

In August, Vale named Gustavo Pimenta, currently chief financial officer of the firm, to the post.

September 20, 2024

South32’s Arizona manganese plant tapped for $166m US government grant

The DOE funding would provide 30% of the cost of its proposed manganese production facility, said the Australian miner.

September 19, 2024

A copper M&A frenzy masks big miners’ hesitation to build

Copper’s bull narrative is well understood, but building from zero is both worryingly risky and unappealingly pricey.

September 19, 2024

Saudi Arabia targets control of Alba to bolster metals ambitions

Ma'aden announced a series of deals this week involving Aluminium Bahrain.

September 18, 2024

Gold miners say they’re now disciplined as dealmaking heats up

Deal appetite has picked up as gold soared to successive records on the outlook for lower US interest rates, central-bank buying and haven demand.

September 18, 2024

BHP’s fertilizer boss bets on low-cost potash to challenge rivals

Jansen mine is expected to produce potash at costs that are less than the top Canadian operations of fertilizer giants Nutrien and Mosaic.

September 18, 2024

Barrick suspends operations at Papua New Guinea mine after violence kills at least 20

Papua New Guinea has granted police emergency powers, including the use of lethal force, to contain the violence in Porgera.