Newcrest extends Newmont’s exclusivity period to make binding takeover offer
A successful bid would see the two companies merge into by far the world’s biggest gold miner.
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Ivanhoe Electric buys private land by copper project in Arizona
The company is saying it will buy 6,205 acres of private land by its Santa Cruz copper project near Casa Grande, Arizona.
Aurubis raises annual profit forecast on strong demand
The company has managed energy costs through forward-hedging.
Mining People: Workplace Safety North, Spanish Mountain, Artemis Gold, Marimaca Copper
Key moves in the mining sector.
Copper price at six month low on weak China inflation data
China’s consumer prices rose at the slowest pace in more than two years in April.
China’s weak industrial recovery is weighing on coal consumption
Key industrial users of the fuel including steel mills and cement plants are demanding more discounts on coal purchases to help cover losses.
China’s GEM to build a $500m joint nickel project in Indonesia
The project, sited in Indonesia Morowali Industrial Park, will produce 20,000 tonnes per year of nickel.
Head of new lithium giant building supply chain for Americas
“America-centric is a big differentiator for us with customers, with investors,” said Livent CEO Paul Graves.
Sprott backs Seabridge Gold with $150 million KSM smelter royalty
The KSM project is the world’s largest undeveloped gold-copper project, when measured by resources.
