September 17, 2024

BHP warns AI boom would worsen copper shortage

Growth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said.

September 16, 2024

Ma’aden, Bahrain’s Alba partner to pursue global aluminum business

This potential combination would create a global powerhouse in aluminum production, the companies said.

September 16, 2024

Tribal warfare kills at least 20 near Porgera mine in PNG, estimates UN

The mine was briefly forced to cease operations as the fighting intensified, according to media reports.

September 16, 2024

Vedanta alumina output unaffected after water breach

Rising alumina prices have already been putting pressure on aluminum makers’ margins.

September 15, 2024

Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion

After completing the transaction, Alcoa would own approximately 2% of Ma’aden’s current shares outstanding.

September 14, 2024

Vale says routine check revealed cracks in dam, stability unchanged

In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine.

September 13, 2024

Nippon Steel bid for US Steel faces Sept. 23 review deadline

The deal has become a political hot potato and faces high-profile opponents.

September 13, 2024

Solidcore expects 2024 profit growth due to higher prices

The second-largest gold miner in Kazakhstan reaffirmed its forecast to produce 475,000 gold equivalent ounces in 2024.

September 13, 2024

Ivanhoe to explore Zambia with a view of replicating success in DRC

The company said it has applied for a significant exploration licence package in Zambia.

September 12, 2024

US Strategic Metals, Glencore enter processing partnership with Chilean Cobalt

The partnership is expected to strengthen US critical minerals supply chains.