Chinese firms vie for $2 billion Botswana copper mine
Three Chinese groups are among suitors still in the race to acquire the Khoemacau project.
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Codelco raises $2 billion in bond offering
The state-run miner is not only battling to reignite copper production which is at its lowest level in 25 years, but is also facing calls to rein in its debt.
Vale to start building Middle East ‘mega hubs’ in 2024
Vale had announced last year plans to develop the plants in Saudi Arabia, the United Arab Emirates and Oman.
Aura Minerals declares commercial production at Almas gold mine in Brazil
Approximately 4,661 ounces of gold were produced in August, with gross revenues of approximately $9 million recognized in the month.
Sigma Lithium to announce decision on Grota do Cirilo expansion this month
The company is already producing in phase one of the mine, with expected production of 130,000 tonnes of battery-grade lithium concentrate this year.
Rio Tinto names Jerome Pecresse as new aluminum CEO, eyes low-carbon future
Executive has held senior leadership roles in companies such as General Electric and GE Renewable Energy.
Israeli tycoon Steinmetz held in Cyprus on Romanian warrant
Beny Steinmetz was sentenced in December 2020 to five years in prison for an illegal property scheme.
Fortuna discovers new vein at San Jose in Mexico after labour dispute raises costs
The new vein, named Yessi, has a geochemical signature indicating a potentially different phase of mineralization containing a higher gold to silver ratio and low levels of base metals.
Tesla urges Australia to give tax credits for battery supply chain investment
“Australia can be more than a ‘dig and ship’ nation,” Tesla Chair Robyn Denholm told a conference in Canberra.
