Suncor Energy to acquire TotalEnergies’ Canadian operations for $4 billion
TotalEnergies holds a 31% working interest in the Fort Hills oil sands mining project and a 50% working interest in the Surmont in situ asset.
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Ivanhoe taps Glencore for $250 million to start Kipushi zinc mine ahead of schedule
Glencore will take all of the mine’s zinc concentrate for five years and fund the operation.
Turkey central bank draws down gold reserves to meet demand
The central bank’s gold reserves have been tumbling over the past seven weeks, according to official data.
Hudbay on track for carbon-neutral operations at Constancia in Peru
The company is on track to achieve its 2030 climate change target of a 50% reduction in GHG emissions.
Global zinc, lead demand to exceed supply in 2023 – ILZSG
Global demand for refined lead metal will exceed supply by 20,000 tonnes in 2023, the group said.
South32 aims for downstream production of battery chemicals
Miner will consider moving into the production of manganese sulphate in the US.
China’s property pain deflates ‘overhyped’ iron ore market
Iron ore price dipped below $100 a tonne this week for the first time since early December.
Newmont’s quarterly profit beats estimates on higher prices
The miner said attributable gold production for the first quarter fell to 1.27 million ounces from 1.34 million ounces a year earlier.
Vale set to sell its 40% stake in Mineração Rio do Norte
MRN is Brazil's largest bauxite producer and exporter.