September 16, 2022

Lula campaign mulls new mining royalties in Brazil, spooking industry

Among the projects that could be affected should Lula win and impose the special royalty rate are a series of Vale-operated iron ore complexes in the Carajas region of northern…

September 16, 2022

BHP weighs boosting $5.6 billion bid for OZ Minerals

BHP may increase its A$25 per share bid for OZ Minerals as soon as this month, Bloomberg sources say.

September 16, 2022

Teck, Agnico team up at San Nicolas copper project in Mexico

A feasibility study for the project is under way and expected to be complete in early 2024. 

September 16, 2022

Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid

It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill.

September 16, 2022

Glencore eyes adding lithium to trading business — report

Glencore does not own lithium mines, but has invested heavily in the business of recycling the battery metal this year.

September 15, 2022

US Steel says accelerating headwinds eroding metal demand

Over the last 24 hours, three of the most iconic names in American heavy industry told investors that deliveries are waning across all sectors.

September 15, 2022

Vale says iron market ‘can only get better’ amid tight supply

Company has been pursuing partnerships with steelmakers looking to address the challenge of finding cleaner ways to process minerals.

September 15, 2022

Amplats unit takes Zimbabwe tax agency to court over $24m royalty dispute

In 2020, the government ordered miners to pay royalties in foreign currency.

September 15, 2022

Newmont delays investment decision on Peru gold mine to 2024

The $2bn project is part of a planned expansion of the Yanacocha gold mine in Peru.

September 14, 2022

SQM says brine reduction plan to cost $1.5 billion

In 2020, SQM committed to a 50% reduction in the brine it pumps to mine lithium in the vast Atacama salt flat.