New Caledonia nickel firm KNS starts layoff procedure
KNS stopped its operations in March after Glencore decided to sell its interest following years of losses at the operation.
Latest Stories
Gemfields auction revenue down amid market softening
Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.
Indonesia trying to cut China stakes in new nickel projects
The strategy could help the industry qualify for US government subsidies.
Mining People: Maple Gold Mines, Great Pacific Gold, Red Metal Resources
Key moves in the mining sector.
Australia rejects Rio Tinto unit’s uranium mine lease renewal
Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.
Metals One to begin drilling at Råna Ni-Cu-Co project in Norway
Drilling is focused on two targets comprising shallow, highly conductive electromagnetic anomalies.
Vale says Q2 net profit triples, iron ore sales up
The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion.
Cash-hungry Canadian miners test grey area of anti-China M&A rules
Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China’s influence in the global critical minerals supply chain.
Adventus wins permit challenge, but Silvercorp deal still in jeopardy
The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte.
