Trafigura backs Euro Sun’s Rovina Valley with $200M financing deal
The financing will provide capital for feasibility work, permitting and pre-development work at the project.
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Sale of Indonesian gold miner Archi put on hold
Jakarta-based Rajawali, which holds a stake of about 85% in Archi, is seeking a valuation of about $1 billion.
Freeport CEO says tariffs threaten to hinder US copper mining
The threat of US levies on copper imports has been a boon for Freeport-McMoRan.
ArcelorMittal signs deal to sell steel mill and iron ore mine in Bosnia
The completion of the deal is planned for the third quarter of 2025.
Collapse at coltan mine in eastern Congo kills 12
The cause of the tragedy at the artisanal operation remains unknown.
Column: China’s iron ore imports rise even as steel struggles
China, which buys about 75% of global seaborne iron ore, is expected to import almost 110 million metric tons of the key steel raw material.
Delays hit Gemfields ruby plant as Zambia mine reboots
Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical setbacks.
Glencore urges Australia’s support to save Mount Isa smelter
Glencore says its Queensland-based Mount Isa copper smelter is unviable unless the government provides funding.
Xi’s giant iron ore trader is shaking up a $130 billion market
China Mineral Resources Group is transforming a market that has been a thorn in the side of Chinese leaders for 15 years.