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.
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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.
First Quantum takes small steps in long road to Panama mine restart
The Canadian company has begun preparations to ship out 120,000 metric tons of semi-processed copper.
Niger to nationalize Somair uranium venture operated by Orano
Orano holds a 63% stake in Somair, while Niger's state-owned Sopamin owns the remainder.
Electra Battery Materials begins build to restart North America’s only cobalt sulfate refinery
The early works initiative is partially supported by a $20 million award from the US Department of Defense.
Canada could slap more duties on US steel and aluminum, says Carney
Canada will soon adopt tariff measures to address risks associated with persistent global overcapacity and unfair trade in steel and aluminum.
India restricts import of gold infused metals
India has imposed curbs on imports of palladium, rhodium and iridium alloys containing more than 1% gold by weight.
Rio Tinto agrees on $139M settlement to end Mongolian copper mine lawsuit
The lawsuit, led by US hedge fund Pentwater Capital, alleged that the Australian miner had failed to accurately disclose the status of the underground expansion.
