FLSmidth investigates potential breach of sanctions on Russia
An internal probe found it had provided materials to persons in Russia in connection with a limited number of potential projects in Kazakhstan.
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TMC shares soar as NOAA backs seabed mining plan
NOAA deems application compliant under federal law, advancing timeline toward potential seabed mining permit by early 2027.
Meridian raises $34M in London market debut
Fresh capital strengthens Meridian’s push to turn its Cabacal project in Brazil into a cornerstone copper-gold asset.
Sumitomo to exit Ambatovy nickel project in Madagascar
Sumitomo expects a Q2 loss of 70 billion yen ($447M), but tax effects will make the full-year impact negligible.
Trump sons invested in US group developing $1.1B tungsten project in Kazakhstan: FT
According to Financial Times, both Donald Trump Jr. and Eric Trump have been using a shell company to buy stakes in a US construction group called Skyline Builders.
Lumina Metals ends trading day flat after Toronto IPO
Shares of the copper and silver mining company opened at C$12.60 each on Thursday, versus an IPO price of C$12.50 apiece.
Big funds bet billions on mining supercycle
Major fund managers are heralding a sustained rally in mining and metals as money floods into the sector at the fastest pace in years.
China approved large exports of rare earth vital for US aerospace in March
The 60-ton shipment of yttrium oxide is 50% larger than all the yttrium shipped to the US since China imposed export controls.
ArcelorMittal donates steel for Trump ballroom
The Luxembourg-based steelmaker's donation is ongoing and it has delivered 600 tonnes for the project to date.