Saudi’s SABIC to sell steel unit Hadeed to PIF for $3.3bn
The proceeds from the sale of Hadeed will be used to support SABIC's growth in the chemicals industry
Latest Stories
Congo mining convoy ambush kills two Chinese, one Ghanaian, and Congolese soldier
Four people including two Chinese nationals and a Ghanaian citizen were killed in an ambush on a TSM convoy.
Oxygen “whiffs” play a role in the formation of ore deposits
Oxygen “whiffs" may have changed the earth’s mantle, altering the continental crust's composition and forming ore deposits.
Strike at Mexico gold mine costs Newmont $3.7 million a day
The company pegged the financial impact of the dispute at its Penasquito mine at approximately $1 million in maintenance costs and $2.7 million a day in lost revenue.
Another Glencore veteran departs as trader Popovic retires
Glencore's co-head of zinc and copper trading Nick Popovic is retiring after more than 30 years.
World’s biggest miner reviews newly acquired Brazilian assets
BHP's $6.4 billion purchase of Oz Minerals included an untapped gold deposit and four small, but high-grade, copper-gold mines in the state of Para.
It’s getting harder to find mining engineers a green world needs
In regions like Canada and the US, enrollment or graduation from university courses related to mining engineering slipped in recent years.
Gold shorting spike bullish
Gold’s recent pullback sure overstayed its welcome, increasingly vexing as August marched on.
Sigma Lithium completes second shipment, on track to produce 130,000 tonnes by year-end
The company also expects to begin recognizing revenue from the sale of its lithium concentrate and byproducts in Q3 2023.
