Mitsubishi ups stake in Anglo’s Quellaveco copper project in $600-million deal
Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm’s stake in the venture to 40%.
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US electric car sector, wary of China, seeks more domestic lithium
China is home to the majority of the world's lithium processing facilities and sucks up most output of top producer Australia.
Copper veteran has unfinished business at world’s biggest pit
Nelson Pizarro wants to remain at the helm of the world’s biggest copper company until he can cut the ribbon on a project to convert its flagship pit into a giant underground mine.
Cobalt hunt takes Aussie explorer to forest on BMW’s doorstep
The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far from its i3 electric city car plant.
France’s ERAMET raises bid for Australia’s Mineral Deposits
ERAMET said it would pay A$322 million for the shares it did not already own in the company.
Australia’s Incitec Pivot wins explosives’ contract with Fortescue Metals
The contract with the two units of the world's fourth-largest iron ore miner will last until December 2023
Petra Diamonds secures $170 million to help lower debt
Shareholders approved the discounted rights issue at a special meeting in London held Wednesday.
Southern Copper to begin operations at $2.5bn Michiquillay earlier than expected
Reaching agreements with residents near the project is expected to take about a year, followed by three to build the mine, which will begin operations by 2022.
Tharisa expands Zimbabwe exposure with $4.5 million platinum deal
It gives the company access to 23,903 hectares of land in the country Great Dyke, which has a potential for 96 million ounces of platinum and palladium.
