Champion Iron secures C$185m refinancing, acquires 100% stake in Bloom Lake
Shares of the company rose by nearly 6% on Wednesday morning.
Latest Stories
Namibia says China can buy Rio’s uranium stake if it respects laws
Rio Tinto, which is seeking to divest less profitable assets, said last November that it was selling its 69% stake in the world's longest-running open pit uranium mine to China for up to $106.5 million.
Outside of Tesla, future EV sales in US may be thin for most brands
US demand for electric vehicles, including hybrids, could rise to 1.28 million by 2026, a new study projected on Wednesday.
China gears up to weaponize rare earths dominance in trade war
The threat to weaponize strategic materials ratchets up the tension between the world’s two biggest economies before an expected meeting between Presidents Xi Jinping and Donald Trump at the G-20 meeting next month.
Eike Batista plots his comeback and offers advice to Elon Musk
While differences between the men are glaring -- Musk wants his electric cars to break the world’s fossil fuel addiction -- the sudden downfall of Batista’s oil company offers a cautionary tale for Tesla investors.
Swiss open criminal probe after Glencore complaint by non-profit
Switzerland’s top prosecutor opened a criminal probe against “unknown perpetrators” suspected of bribing foreign officials after a public interest group filed a complaint in 2017 against Glencore.
Zambia turns up the nationalist heat on its copper miners — opinion
President Edgar Lungu has swiftly followed through on his threat with a move to liquidate Konkola Copper Mines (KCM), the local operating unit of India's Vedanta and one of the country's biggest producers.
Vedanta’s KCM unit said to attract Kazakh, Chinese interest
Eurasian Resources Group and China Non-Ferrous Metals Co. expressed interest in buying Konkola Copper Mines, should the Zambian government succeed in seizing it from Vedanta.
Golden Share acquires Basking project in Ontario
The project is located 100 kilometres north-northwest of the Ring of Fire nickel and chromite deposits.
