Lack of capital rises to top risk in EY mining survey
Mining companies are seeking a wider range of capital sources, while companies are also considering partnerships or JVs to help reduce risks and financing requirements.
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Madagascar’s nickel and cobalt miner Ambatovy shuts down ore pipeline
Traders said that the incident could tighten supplies in the cobalt market.
LME monitors tightness in aluminum market after spike in spread
The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.
Canada reviewing Paladin’s Fission Uranium takeover on national security grounds
Paladin is awaiting a final court order and clearance under the Investment Canada Act to move ahead with the deal.
Uganda sets up state-owned firm to take stakes in mining operations
All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses.
Iamgold closer to buying back 9.7% stake in Côté gold mine
The gold mine is currently owned as a joint venture set in December 2022 with Sumitomo, which lent Iamgold funds to complete the project.
A bitter feud risks ripping apart an $11 billion metals empire
A spat between two wealthy South Korean families over the future of a zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.
Capstone achieves commercial production at MVDP, releases feasibility for optimized project
Capstone now plans to begin construction of the MV Optimized project following acceptance of its environmental permit application.
Canada to hit Chinese steel and aluminum with tariffs on Oct. 22
Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.
