China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf
The deal with Norin Mining will enable Chemaf to settle its debts.
Latest Stories
London Metal Exchange mulls adding warehouse in Hong Kong
The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China.
In race to regain rare earth glory, Europe falls short on mineral goals
The European continent has rich rare earth deposits, but there is currently no mining of them.
Antofagasta lowers copper treatment fees for some Chinese smelters
The miner has agreed a sharp reduction to copper treatment and refining charges to $23.25 a metric ton and $2.325 cents a pound.
Vale expects to regain Onca Puma and Sossego copper mine licences
Both licenses are expected to be reinstated within 48 hours.
AngloGold boosts investment in Brazil as it mulls Corrego’s fate
While it is investing $198m in the country this year, AngloGold may still sell its Córrego do Sítio gold complex.
Panama’s short-term economic outlook uncertain after mine closure, IMF says
Key risks to Panama's economy include a potential loss of investment-grade status from credit rating agencies, further social unrest and international arbitration proceedings.
Petra Diamonds cuts targets and costs in tough market
Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.
Graphano Energy more than doubles graphite exploration footprint in Quebec
The company's Lac-Aux-Bouleaux property is adjacent to the south of the Lac des Iles mine, the only operating graphite mine currently in North America.
