Fleet Space, Ma’aden partner to accelerate critical minerals discovery in Saudi Arabia
The agreement will help provide the latest breakthroughs in space, multi-physics, and AI drill targeting services to accelerate discovery.
Latest Stories
At least seven killed by army at Ghana’s AngloGold Ashanti mine
Earlier, about 60 illegal miners carrying locally manufactured rifles and other weapons reportedly breached the Obuasi mine's security fence.
Australia shuts its biggest iron ore port on cyclone threat
Port Hedland handles vast volumes of iron ore from all major miners including BHP Group, Rio Tinto Group, and Fortescue.
Republican-led states sue Biden administration over offshore drilling ban
The lawsuit seeks a reversal of Biden's ban with declaratory and injunctive relief, according to a court filing.
Rio Tinto and Glencore spoke for months about deal that was once taboo
The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.
Lithium Argentina investors OK Canada exit
The move is expected to become effective Jan. 23, subject to approvals such as a final court order from the Supreme Court of British Columbia.
Gunnison Copper, Rio’s Nuton get $13.9m tax credit to expand production in Arizona
The Johnson Camp mine is under construction, with first copper production expected in mid-2025.
O3 Mining investor knocks Agnico offer
Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.
First Quantum cuts guidance on Zambia sequencing
The company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.
