China’s XCMG signs deal with Simfer for Simandou iron ore project
China's leading construction machinery manufacturer will provide $112m in core mining equipment.
Latest Stories
Vedanta boosts stake sale in Hindustan Zinc to top $950 million
Vedanta's U.K.-based parent, Vedanta Resources, is seeking to cut its debt by $3 billion over the next three years.
SolGold sets Cascabel project milestones to reach by year-end
It has launched a geotechnical program to identify locations for critical infrastructure, including the process plant and tailings storage facility.
Could a union halt production at the world’s biggest copper mine?
BHP's Escondida mine in Chile produced nearly 5% of the world's copper in 2023.
Franco-Nevada buys Yanacocha gold mine royalty for $210 million
The royalty and streaming company is buying an existing 1.8% net smelter return royalty on all minerals covering the gold mine in Peru.
Western Australia gold mining ripe for more (friendly) M&A
The small and fragmented WA gold sector remains ripe for consolidation, even after several deals already so far this year.
Video: Aclara aims to build mine-to-magnet rare earths supply chain in the Americas
Aclara's Carina Module rare earths project in Brazil could become an important source of dysprosium, a key rare earth element needed for climate change fighting technology.
BHP removes striking workers at huge Chile copper mine, output at risk
The union’s 2,400 members downed tools at Escondida Tuesday morning after rejecting BHP’s latest proposal as part of a collective bargaining.
Wave of Chinese copper fills warehouses abroad as demand weakens
China is typically a significant net copper importer, but weak local conditions have reversed global trade flows in recent months.
