June 19, 2025 Rio Tinto agrees on $139M settlement to end Mongolian copper mine lawsuit The lawsuit, led by US hedge fund Pentwater Capital, alleged that the Australian miner had failed to accurately disclose the status of the underground expansion.
June 19, 2025 Barrick’s next risk in Mali is loss of key gold-mining permit The permit for Loulo, where processing facilities are located, expires in February, shortly after the period of provisional administration is supposed to end.
June 19, 2025 ArcelorMittal in talks over sale of Bosnia steel mill and iron ore mine The Zenica steel mill reported losses of 276.3 million Bosnian marka ($162.6 million) in 2023 and 2024.
June 19, 2025 Lundin targets top-ten copper miner status in bold expansion plan It aims to reach annual output of 500,000 tonnes of copper and 550,000 ounces of gold within three to five years.
June 18, 2025 Nippon Steel completes $14.9B US Steel takeover The deal grants US government veto powers in rare foreign acquisition arrangement.
June 18, 2025 India’s new copper plant finally starts amid ore shortage The 500,000-ton-a-year Kutch Copper plant in Gujarat is part of a copper-producing complex that Adani is building.
June 18, 2025 Teck lands permit to extend life of copper mine in British Columbia Final investment decision to keep Canada’s largest copper mine running into the mid-2040s, is expected by year-end.
June 17, 2025 Vale Base Metals head says unit aims to be IPO-ready by 2027 Selling shares in base metals division would help finance an ambitious plan to spend as much as $30 billion to boost production capacity.
June 17, 2025 Hindustan Zinc approves $1.39 billion project The company will set up a metals complex with 250kt per annum capacity in Rajasthan.
June 16, 2025 Newmont sells exploration projects in Australia to Inflection Resources Company to acquire a 100% interest in a portfolio of copper-gold exploration projects in New South Wales and the Northern Territory.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am