September 17, 2018 Base metals drop as trade war angst spurs concern about demand The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.
September 15, 2018 Nexa says to invest $1.17 bln in Peru, Brazil in five years About $816 million will be invested in Peru, including $555 million in copper projects and $216 million in zinc.
September 13, 2018 Mitsubishi, Sumitomo said to be after Teck’s Quebrada Blanca mine Other companies interested in partnering with Teck include Freeport-McMoRan, China’s Aluminum Corp of China (Chinalco) and Canada’s base metals miner Lundin Mining.
September 7, 2018 Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
September 7, 2018 Lundin gives up on Nevsun after Zijin’s $1.41 billion offer Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.
September 7, 2018 Luxembourg’s mining-focused Space Agency ready to lift off Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from…
September 4, 2018 Copper price takes another beating Chinese manufacturing gauge drops to 14-month low.
September 3, 2018 India’s Anil Agarwal succeeds with Vedanta Resources buyout Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American.
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