Lithium Americas buys Arena Minerals in $227 million deal
Deal seeks to combine two neighbouring lithium projects operated by the companies in the Pastos Grandes basin in Argentina.
Latest Stories
New model allows for balancing rare plant protection, mine development
Researchers at Utah State University are mapping out strategies that allow balancing the emerging demand for mining and energy development projects on the Colorado Plateau.
IAMGOLD gets $340 million funding from Sumitomo for Côté gold project; stock jumps
IAMGOLD will remain the operator of the Côté gold project in Ontario.
Teck sells closed Quintette coal mine for $120 million
The buyer, Conuma Resources, is a steelmaking coal producer based in northeast British Columbia, where the mine is located.
Panama orders First Quantum to halt copper mine operations
Miner must craft a plan within 10 days to halt operations at its Cobre Panama copper mine.
Australia expects sharp lithium price pullback in 2024
Record spot prices will lift contract values for lithium miners next year but a surge in production to over 1 million tonnes by 2024 will put downward pressure on prices, according to a new government report.
OZ Minerals extends exclusivity period for BHP’s $6.4bn bid
The extension of exclusivity period to Dec. 27 comes after the four weeks exclusivity BHP was granted.
Fortescue reveals green steel plans but warns task is enormous
The world’s fourth-biggest iron ore miner has joined forces with Japan’s Mitsubishi and European steelmaker Voestalpine to develop zero-carbon iron using hydrogen at a plant in Austria.
Electric vehicle production set to surge in 2023 despite low sales
Starting next year, a wave of new electric vehicles from pickup trucks to middle market SUVs and sedans will hit the world's major markets.
