Vale divestment in Indonesian nickel unit expected to finish in July
The transaction is required by the government to extend Vale Indonesia's operating permit beyond 2025.
Latest Stories
Perseus Mining still has plan to drill in war-torn Sudan
The Australian miner is holding out hope that the political backdrop there will stabilize over the longer term.
China’s coal price slump likely to persist until start of summer
Beijing has prioritized coal production in recent years to avoid a repeat of a power crunch in 2021.
Australia regulator extends approval deadline for SQM-Hancock’s $1.1bn bid for Azure
SQM and Australia's richest person Gina Rinehart's Hancock Prospecting, already Azure's two largest shareholders, teamed up in December to buy the lithium developer.
Aura Minerals shares gain as miner ups gold reserves nearly 24%
The Central and South America-focused company says it added 2.4 million oz. gold, or 21%, to measured and indicated resources over the 2022 statement.
BHP and Mitsubishi close $4.1bn sale of Queensland coal mines
BHP has been working towards making a transition to commodities and away from coal-related assets.
US Steel union rejects Nippon Steel’s appeal for takeover support
In December, Nippon agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle to approval amid bipartisan opposition in a US election year.
Metso and Almalyk MMC sign frame agreement for major copper smelter delivery in Uzbekistan
The frame agreement is a continuation of Metso’s and Almalyk MMC’s contract signed at the end of 2022 for the design and basic engineering work for the copper smelter.
Franco-Nevada backs Scottie with $7 million royalty, share purchase
The company plans to use the proceeds primarily at its Scottie gold project in British Columbia.
