Vale moves closer to deal for Onca Puma nickel mine to resume operations
Onca Puma, which has an estimated annual nominal capacity of 27,000 tonnes, had its operating licence suspended earlier this year.
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Lucapa recovers 195-carat diamond from Lulo mine
The diamond is the sixth largest and the 44th +100 carat stone to be recovered from the Lulo mine in Angola.
Aluminum recycler Novelis targets up to $12.6bn valuation in US IPO
Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is the world's largest recycler of aluminum.
Sibanye shareholders back conversion of $500 million of bonds to shares
Sibanye issued the convertible bonds in November last year, partly to fund the $156 million acquisition of a US-based recycling business.
Firebird receives first key permit for Chinese manganese sulphate plant
Construction of the plant is projected to take approximately 12-15 months, with start of operations targeted for late 2025.
Post-Covid, China is back in Africa and doubling down on minerals
Chinese investment in Africa increased 114% last year.
EU, Australia sign critical minerals pact to diversify supply chains
Ministers in Canberra and Brussels signed an MOU on Tuesday, which will be followed by the joint development of “concrete actions” over the next six months.
Iron ore price falls to one-week low as weak fundamentals outweigh latest property stimulus
Steel demand remains subdued in China despite the latest property stimulus.
Berkeley seeks $1bn in damages from Spain over uranium mine dispute
The Retortillo project received preliminary approval in 2013, but Spain's Energy Ministry denied final approval in 2021 and 2023.
