Peru pulls permit for $1.8B Tia Maria copper mine
Government cites legal and technical gaps, forcing review of a top copper project that has faced over a decade of delays.
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Mercuria trader who built huge LME aluminum bets has left
Sonny McNess' departure comes at a time when the aluminum market is facing the prospect of a supply squeeze.
Glencore buys 45% stake in South Carolina aluminum recycling plant
Glencore had previously funded the Charleston-area facility in exchange for marketing rights.
Paladin targets 2027 uranium decision on Patterson Lake South
PLS has become Paladin’s clearest shot at adding a second uranium mine and diversify production from the Langer Heinrich uranium mine in Namibia.
US pushes to renew ties with Peru ahead of uncertain election
The US is making a strong push to increase influence in Peru, a key copper and silver producer and strategic partner for China.
EU, US near critical minerals pact to counter China’s grip
EU and US advance a minerals pact to reduce China reliance and stabilize supply chains amid rising geopolitical tensions.
Whitehaven Coal secures $600 million loan
The funds will repay part of its existing $1.1 billion acquisition loan tied to its purchase of BHP's Queensland coal mines.
Fortescue aims to eliminate fossil fuels at its mines by 2028
The miner is targeting 24-hour fossil-fuel-free production years ahead of plan.
Venezuela approves mining law to encourage foreign investment
Mineral deposits remain the property of the state and disputes can be resolved through arbitration, according to the law.