Battery metal rout set to force unprofitable miners to cut costs A wave of cost cutting and potential consolidation looms for lithium and nickel miners in the year ahead. Bloomberg News | February 25, 2025 | 9:41 am
BHP to advance $2 billion concentrator optimization at Escondida mine The optimization is the first initiative of its decade-long $10.8 billion investment plan it announced in November. Reuters | February 25, 2025 | 9:31 am
Column: Massive Simandou mine can end Australia’s golden iron ore age, or start new one The term gamechanger is often over used enough to be rendered meaningless, but the huge Simandou mine in the West African country of Guinea is going to be just that. Reuters | February 25, 2025 | 8:53 am
Allied Gold partners with UAE investment fund, secures $500M for growth plans Ambrosia will buy half of Allied's gold mining assets in Mali, which include an 80% interest in the Sadiola mine. Staff Writer | February 25, 2025 | 8:39 am
First Quantum steps up campaign to reopen Panama copper mine The company has switched from a low-profile approach to engaging with Panamanians. Bloomberg News | February 25, 2025 | 7:56 am
EU promises support for steel sector as US trade tariffs loom President Trump has announced plans to introduce new 25% tariffs on all steel and aluminum imports into the US. Reuters | February 25, 2025 | 7:44 am
Alcoa warns Trump’s aluminum tariff could cost 100,000 US jobs The tariffs alone would not be enough to entice Alcoa to restart some of its shuttered US facilities, its CEO said. Reuters | February 25, 2025 | 7:40 am
Botswana, De Beers sign overdue diamond deal As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%. Cecilia Jamasmie | February 25, 2025 | 5:04 am
Fortuna Mining reports fatality at Séguéla gold mine The incident occurred while a contractor was refilling extinguishers and an explosion occurred during the procedure. Staff Writer | February 25, 2025 | 3:57 am