Loncor agrees on $261M sale to China’s Chengtun
Chengtun’s C$1.38 per share offer represents a 16% premium over Friday’s closing price on the Toronto Stock Exchange.
Latest Stories
EU seeks US alliance to counter China rare earth crackdown
G7 finance ministers were likely to discuss options on Wednesday, says European Trade Commissioner Maros Sefcovic.
Aurubis held talks with US on support for new smelter, CEO says
A new smelter is one of three options Europe's biggest copper producer is considering to take advantage of a US drive to boost domestic output.
Supply problems may force Freeport Indonesia to halt Manyar smelter
The $3.7 billion Manyar smelter only resumed operations in May after a fire broke out in October last year.
Titan Mining to produce graphite concentrate at New York facility
The Canadian miner is targeting ramp-up to a 40,000-tonne-per-year commercial graphite facility.
Codelco fast-tracks automation after deadly mine collapse
Codelco is negotiating with tech firms and unions to enhance automation and reduce worker risk at El Teniente mine.
US rare earth chokepoint is a big little problem
US moves to break the monopoly are in motion.
Capstone Copper sells 25% of Chile projects to Orion for $360M
Deal lowers Capstone’s upfront costs at Santo Domingo and boosts funding for projects in Chile’s Atacama region.
China plans zinc exports as global rally opens window for sales
Zinc in London has marched higher since April, but in Shanghai it’s been bumping along close to its recent lows.
