The mining world turns to Saudi cash for critical metal supply
Saudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals.
Latest Stories
Saudi Arabia’s Ma’aden to acquire 10% of Brazil base metals firm
Ma'aden, has agreed to acquire a 10% stake in Vale Base Metals, as part of a strategy to invest in global mining assets.
Renewables are cheapest new-build electricity generation in Australia – report
Wind and solar have retained their position as Australia’s cheapest new-build electricity generation despite a 20% average rise in technology costs.
Crystallex gets priority in proceeds from Citgo owner share sale
The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.
Samarco files judicial reorganization plan alongside creditors
The intent is to carry out transactions contemplated in a previous agreement that established a discount on the value of the company's debt.
Southern Copper getting more optimistic on stalled Peru mine
The company has been trying for years to convince local communities of the merits of the Tia Maria project.
Glencore in advanced talks for Argentina copper stake
Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project.
Hudbay’s Snow Lake discovery could stretch mine life beyond 2038
The company’s winter drilling program had uncovered a trove of new mineralized zones.
Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold
Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.”