Rio Tinto-Turquoise Hill takeover vote set for November 1
The deal, valued at $3.3 billion, gives Rio Tinto a 66% stake in the giant Oyu Tolgoi copper-gold mine in Mongolia.
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Why gold? Why now?
Why should investors even consider taking a position in a gold junior, given gold’s lackluster performance so far this year?
Zambia plans mine-tax concessions while trimming budget deficit
Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties.
Stellantis weighs new chip, materials strategy, Citroen CEO says
“We can secure lithium via a purchase contract, we can be a co-investor into a new mine development, we could buy material providers,” says Citroen chief Vincent Cobee.
NorZinc agrees on sale to shareholder RCF, gets funding for Prairie Creek in Northwest Territories
Located in traditional Dene territory, about 200 km west of Fort Simpson, the Prairie Creek property is home to what is regarded as one of Canada's next large high-grade zinc-lead-silver mines.
Rusal denies it plans to deliver aluminum into LME warehouses
Some buyers have said they are shunning Rusal's metal, while others are securing price discounts at the same time as the industry negotiates supply deals for 2023.
Zimbabwe wants half of royalties paid in gems, precious metals
The Treasury was concerned that the country does not have reserves of the minerals.
Copper mining has a new champion in veteran Peruvian economist
In a presentation at Perumin, finance minister Kurt Burneo reiterated the policy priorities that have endeared him to the industry, such as maintaining tax rates, offering fiscal benefits and cutting red-tape in a bid to attract investments.
Sibanye-Stillwater reaches wage deal with two unions at platinum operations
Both the National Union of Mineworkers (NUM) and United Association of South Africa (UASA) have accepted the company's offer.
