First Quantum said to be in talks with Jiangxi over Zambian mines
The rumoured negotiations could see Jiangxi buying one of the two mines First Quantum has in Zambia, or a stake in one of them.
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Mining People: Eldorado Gold, Landore, Osisko, Spanish Mountain
Key moves in the mining sector.
Circular economy can greatly increase secondary supply of REE in next three decades – study
Circular economy strategies can lead to an increase of 701 kt secondary supply and a decrease of 2,306 kt demand of REEs.
Omnia Metals expands footprint in Canada with Dixie buy
The deal hands Omnia key assets, including the Phoenix and the Torp Lake lithium projects, which expand its footprint to more than 625 km2.
Copper prices fall on stronger US dollar
Copper prices fell as reduced bets for an early Fed interest rate cut lifted the dollar.
Core Lithium halts mining on “tough” market conditions
It also flagged a write-down on the value of its assets as the effect of weak prices for the battery material becomes evident among producers.
Nippon Steel confident of completing US Steel acquisition
The planned $14.9 billion deal has drawn criticism from Democratic and Republican lawmakers.
China’s coal king is catching up with its new battery champions
Battery giants are at the forefront of the global energy transition, but on the stock market they’re being outshined by the dirtiest fossil fuel.
Endeavour Mining plunges after firing CEO for serious misconduct
The miner removed de Montessus after discovering an alleged “irregular payment instruction” of $5.9 million related to an asset sale.
