November 14, 2022

Panama sets December 14 deadline for First Quantum to ink mine contract

Authorities outlined the path forward for the execution of a contract that will allow First Quantum to keep running Cobre Panama.

November 11, 2022

Glencore, Chad creditors agree in principle on terms of debt treatment

The deal will be the first completed under a framework created by the Group of 20 major economies and the Paris Club in late 2020 to help poor countries weather…

November 11, 2022

China has links to dozens of Canadian miners tied to critical minerals

Chinese firms have been involved in 89 announced acquisitions and investments in Canadian metals and mining companies in the past decade, according to Bloomberg data.

November 11, 2022

Hindalco profit sinks on high costs, plans to raise $124 million

Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.

November 11, 2022

Rio Tinto’s long-awaited deal comeback is stuck in limbo

Rio has struggled to win investor support for the Turquoise Hill deal, forcing it to offer unusual terms to the most stubborn holdouts which appeared to be enough to close…

November 11, 2022

Vedanta says state revenue share would make Barmer oil asset unviable

The government has said it is entitled to increase its revenue share from the block by 10%, having recently extended the contract for the Barmer asset by 10 years.

November 10, 2022

ArcelorMittal’s Q3 profit beats expectations on energy savings

ArcelorMittal said it had cut its gas consumption in Europe by 30% in a bid to counter surging energy prices.

November 10, 2022

Teck Resources secures 100% renewable power supply for Quebrada Blanca phase 2 from 2025

Clean energy contract will mitigate about 1.6 million tonnes of annual greenhouse gas emissions, equivalent to removing over 340,000 combustion engine passenger vehicles from the road.

November 10, 2022

BHP chair apologizes for sexual harassment and racism at miner

Australian miners are under pressure to clamp down on sexual assault and harassment after a landmark inquiry unveiled shocking cases of abuse of women.

November 10, 2022

Deal flurry casts light on unconventional mine financing

A lesser-known corner of mine financing is having a moment in the sun, with two royalty and streaming deals announced on Thursday.