American Rare Earths rejects $400 million SPAC takeover offer
The company's 100%-owned US subsidiary owns Halleck Creek, one of the world’s top 10 rare earth projects.
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Archer Exploration changes name to NorthX Nickel
It will complete a non-brokered private placement for C$2.27 million and a consolidation of its common shares, effective May 1.
BHP’s bid for Anglo casts cloud over $9 billion fertilizer mine
BHP is already building its own giant fertilizer project in Canada, called Jansen, to which it’s already committed more than $10 billion.
Brazil iron ore exports seen surging in 2024 if rivers stay high
Miners have told Navios South American Logistics they could ship eight million to 10 million tons of iron ore this year.
Alpha drill results expand gold zones at Kerkasha project in Eritrea
The Kerkasha site holds four Italian gold mines dating from the 1890 to 1941 colonial period.
SQM invests $2 million in Chilean startup Movener
Movener, which aims to transform traditional trucks into hybrid-electric vehicles, is the first Chilean company in SQM’s venture portfolio.
Codelco output keeps falling, underscoring copper struggles
The state-owned miner said output totaled 295,000 metric tons, down 10% from the same period last year.
Glencore bought aluminum from Rusal worth $1.06bn in 2023
The current contract between the parties expires in 2024.
Panama completes process of mining concession cancellations
The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.
