Anglo-Teck $53B merger may create larger copper complex than Escondida
The combination of Anglo’s Collahuasi and Teck’s Quebrada Blanca could yield over one million tonnes of copper a year by the early 2030s.
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Norway’s sovereign wealth fund excludes Eramet from portfolio on ethics grounds
The fund held a 0.44% stake in Eramet worth $6.8 million as of June 30.
Centerra soars on Mt Milligan gold-copper plan
A new study extends the producing mine’s life until 2045, boosts gold and copper reserves by at least 52% and production by about 12%.
Electra lines up $12M funding for Ontario cobalt refinery
Electra says the C$17.5 million from Invest Ontario would replace a previously arranged $20 million corporate investment.
Freeport keeps Grasberg shut amid rescue operations
The company continues its efforts to rescue seven workers trapped underground earlier this week.
Abcourt pours first gold from historic Sleeping Giant mine
Company is targeting annual production of 30,000 oz. over a mine life of 5.8 years.
Brazil prosecutors call for halt on lithium mining in Minas Gerais
The National Mining Agency has 20 days to assess current permits and will not issue new ones until consultations are carried out.
Nickel price gains after Indonesia seizes part of giant mine
A government task force took control on Thursday of about 148 hectares of the operation owned by PT Weda Bay Nickel.
MMG’s $500M nickel deal with Anglo American faces EU doubts
The miner confirmed that EU antitrust officials raised concerns about its Chinese ownership but is confident the deal will clear.