Vale to sell 13% stake in base metals unit for $3.4 billion
Vale Base Metals is expected to invest $25-30 billion in new projects across Brazil, Canada and Indonesia over the next decade.
Latest Stories
Ivanhoe eyes higher copper production following metallurgical test breakthrough
The company is targeting total copper recoveries in the mid-nineties from this breakthrough.
Canadian gold miners’ Q2 results show strong performance and growth prospects
Agnico-Eagle emerged as a top performer, reporting record quarterly gold production of 873,204 oz., thanks to its 100% ownership of the Canadian Malartic mine in Quebec.
Explorers on high alert as challenging wildfire season rages
While conditions improve in Eastern Canada, Western Canada-focused explorers still face widespread interruptions to their summer field seasons.
Teck still engaged with several suitors for coal sale, CEO says
Teck is considering a “number of structures” proposed by multiple interested buyers, CEO Jonathan Price said.
Kodiak Copper confirms extended mineralization at MPD project in British Columbia
The company said a new zone of structurally hosted high-grade copper-gold-silver mineralization was discovered east of the West zone.
Sigma completes first shipment of lithium from Grota do Cirilo
The company achieved operational net zero for its first shipment of battery grade lithium.
Tectonic breakup generates diamonds, researchers find
Study could shape the future of the diamond exploration industry, informing where diamonds are most likely to be found.
Analysts mark down copper price forecasts as output ramps up
Analysts have pared price forecasts for the metal as supply expands while demand in China remains muted.
