Aurubis CEO remains upbeat on new year
Aurubis anticipates operating earnings before taxes of between $324 million and $432 million.
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Codelco agrees on $666 million in loans from Japan’s JBIC, commercial bank
The loan is intended to help supply Japanese manufacturers with a stable supply of copper concentrates.
Rare yellow diamond found at Rio Tinto’s Diavik mine
The 158.20-carat rock is one of only five yellow diamonds weighing more than 100 carats ever found at Diavik in its 22-year history.
Trump eyes executive order to fast-track deep-sea mining
The move would enable miners to bypass the ISA and obtain permits from the US National Oceanic and Atmospheric Administration.
Vale to receive $1 billion in Alianca Energia JV deal
Vale said it would sell 70% of Alianca Energia to Global Infrastructure Partners.
First Quantum pulls back from arbitration on Panama copper mine
Move opens a door for more negotiations with the nation over the Cobre Panama mine that’s been shuttered for more than a year.
NICO project in Northwest Territories could establish domestic bismuth supply
China in February announced plans to impose export controls on five key metals — tungsten, tellurium, molybdenum, indium and bismuth — in response to US tariffs.
Freeport-McMoRan lowers first-quarter gold sales forecast
The company said it expects first-quarter gold sales to be roughly 100,000 ounces below its prior forecast of 225,000 ounces.
ArcelorMittal South Africa defers plant closure after $92M injection
The closure of the long-steel operations has been expected since November 2023.
