US metals and mining industry M&A deals total $1.59bn in Q3 2020
The valuation is a decrease of 13% from the previous quarter, and also marks a drop of 10.9% in comparison to the last four-quarter average of $1.79 billion.
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Chinese rare earth metals surge in price
November saw the prices of all major Chinese-sourced rare earths spike, but especially those used in magnets.
Yamana makes ‘significant progress’ in first year of generative exploration
The objective is to discover a standalone project with inferred mineral resources of at least 1.5 moz AuEq in three years.
China Inc. extends cobalt grip with bigger Glencore deal
The world’s biggest supplier of cobalt has extended its supply agreement with battery maker GEM Co., allowing the Chinese company to secure supply of the crucial metal until the end of the decade.
Northern Dynasty to appeal US Army Corps’ Pebble decision
The company's application for permits under the Clean Water Act and other federal statutes was denied last week.
BHP says copper output needs to double in 30 years
Metal is well placed to benefit from the decarbonisation targets of some the world's biggest economies including top carbon emitter and top metals consumer China.
Mining for the green economy is still dirty work
The world’s top producer of refined nickel and palladium is dealing with the aftermath of a devastating Arctic fuel leak that resulted in a record $2 billion levy.
Australian inquiry into sacred cave destruction seen recommending mining reforms
The inquiry into the lawful destruction of the 46,000-year-old Juukan Gorge rock shelters is due to report on Dec. 9.
Vale’s disappointing iron ore output adds fuel to scorching price rise
The hottest major commodity of 2020 is getting even hotter, with iron ore boosted by news that one of the world's biggest producers will not meet its output targets this year.