Vedanta tops Q2 profit view on higher metals prices
Vedanta benefitted from higher prices of aluminum, zinc and copper, its biggest businesses.
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Mining People: Blue Moon, Kirkland Lake Discoveries, Scorpio Gold, Group Eleven, Urano
Key moves in the mining sector.
Global Lithium raises alarm over potential foreign takeover
The Australian company fears that Chinese national and minority shareholder Leon Zhu is attempting to gain control of the firm.
Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant
The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market.
Osisko Development’s Cariboo gold project faces legal threat as Xatśūll demands consent
The project threatens community health, cultural sites and traditional practices due to potential contamination and restricted land access, the Nation said.
Mineral Resources put on watchlist by shareholder
Superannuation fund HESTA has placed the Perth-based mining services firm on watchlist over governance concerns.
MP Materials posts smaller-than-expected loss on higher output, sales
The company sold 9,729 metric tons of that concentrate during the quarter, 6% higher than the year-ago period.
Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices
The company posted third-quarter net income of $16.1 million, compared to $87.4 million in the year-ago quarter.
Canada’s auditor general snaps at climate, Indigenous gaps in critical minerals strategy
Government program issued in 2022 budgets C$3.8 billion on critical minerals support over eight years.
