March 26, 2021

Nornickel to spin off copper-gold mine near China

Nornickel owns a 50%-stake in the Bystrinsky mine.

March 26, 2021

First Cobalt to issue shares to Glencore to repay $5.5m debt

In 2019, First Cobalt entered into a loan agreement with the miner and commodity trader to fund engineering studies, metallurgical testwork and permitting activities.

March 26, 2021

Alrosa fetches $23.9m in three diamond auctions

The world’s top diamond miner by output held three “special-size diamonds” auctions to celebrate its Jubilee Auction #100.

March 25, 2021

Vale executives investigated in Brazil over Simandou deal

Police in Rio de Janeiro will investigate Vale CEO Eduardo Bartolomeo, and other executives and former directors over the deal to explore the giant iron-ore mine in Guinea.

March 25, 2021

Forrest takes on Musk in hydrogen versus EVs debate

The Fortescue founder doubled down this week on his criticism of Musk’s view that hydrogen cars are “mind-bogglingly stupid.”

March 25, 2021

Brazil civic groups urge production halt at Vale mine amid covid-19 concerns

Parauapebas, a city of 210,000 people where the Serra Norte complex is located, entered a lockdown due to a significant increase in coronavirus cases.

March 25, 2021

Wheaton acquires gold stream from Capstone’s Santo Domingo project

Wheaton will pay Capstone a total upfront cash consideration of $290 million.

March 25, 2021

Home: Volkswagen powers up for the EV revolution

Its roadmap has major implications for battery metals such as lithium, cobalt, nickel and manganese.

March 25, 2021

Dividend over digging: Miners pay shareholders but need new projects

Major miners need to increase spending to secure fresh copper supply, analysts say, amid worries that availability of the red metal will slide just as demand surges.

March 25, 2021

KGHM has no plans to change its stake in Sierra Gorda mine

Polish copper and silver producer has no plans to change its 55% stake in its Chilean mine, the company's deputy head Pawel Gruza said.