Hudbay said to prepare sale of Arizona copper mine stake
The Toronto-based base metals miner has interviewed potential advisers about selling a 30% stake in the Arizona Rosemont project.
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Glencore to supply cobalt feedstock to restart First Cobalt refinery in Canada
Glencore said it will also evaluate providing a loan to fund the capital needs to restart the refinery, as the two companies look to speed up the restart.
Sandvik continues Codelco digitalization partnership at El Teniente mine
Sandvik will deliver AutoMine fleet solutions for underground trucks to Codelco’s El Teniente mine in Chile.
US push to capture carbon fuses green and fossil fuel interests
The United States has half of the world's 18 large-scale CCS (carbon capture and storage) projects.
Tanzania to start cancelling inactive mining licences
Tanzania will start cancelling inactive mining exploration licences and distribute the acreage to artisanal miners who are able to immediately commence activity in the area.
De Beers diamond sales slump again in another warning sign
De Beers’ diamond sales plunged to the lowest since 2017 in the company’s latest offering, underlining a slump in the industry worldwide.
Vedanta, KCM seek urgent Zambia talks, court appoints liquidator
The news has rattled foreign investors already nervous governments in central African countries are seeking a much bigger share of resource revenues.
British Steel risks collapse with 25,000 jobs at stake
The possible collapse of British Steel comes after Germany's Thyssenkrupp and India's Tata Steel ditched a plan this month to merge their European steel assets to create the EU's second largest steelmaker after ArcelorMittal.
Zambia’s plan to seize copper mines stuns investors
Zambia’s Eurobond yields rose to record highs after the government of the cash-strapped copper producer said it’s planning to seize Vedanta’s mining assets.