Turquoise Hill okays Oyu Tolgoi $75m bridging budget
Sum allows the miner to continue progressing critical activities at the underground expansion, but doesn’t guarantee further crucial investment will get approved.
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Palladium ETF tops $100m in AUM for the first time
Institutional investors and the wealth management allocations bolster Nornickel's Global Palladium Fund AUM.
Hochschild to buy Amarillo Gold for control of Posse project in Brazil
New SpinCo to hold the Lavras do Sul project, and NSRs on certain Amarillo exploration rights.
Capstone Mining, Mantos Copper to merge
The new miner, Capstone Copper, will have a combined 2021 production base of more than 175,000 tonnes and 4.9m tonnes in reserves.
Activist Bluebell asks Glencore to separate its coal business
Glencore is the world’s biggest thermal-coal shipper and its billionaire former boss Ivan Glasenberg has been a firm advocate of the business.
CHART: Dwindling copper, zinc, nickel stocks could shield prices from omicron impact
Copper, nickel and zinc prices could be saved from worst effects of any new virus-related restrictions as historically low global stockpiles intensify fears of supply disruption.
Japan’s steel giant set to win price hikes as metal rallies
“We’ve seen big progress in correcting contract prices,” Nippon Steel says.
Voisey’s Bay mine wins Miner of the Year
The Miner of the Year award also recognizes that the Voisey’s Bay mine expansion (VBME) team had zero lost time injuries on the project since it started in 2015.
Auxico plans to build $116 million rare earth refinery in Colombia
Auxico’s plant will incorporate standard metallurgical processes plus innovative extraction technologies
