Rare earth developer Tactical Resources set for US listing with SPAC deal
The combined company would have a pro forma enterprise value of $589 million.
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World’s top cobalt producer expects supply pressures to ease
Growth in global supply should gradually moderate, according to CMOC.
BHP’s return to Argentina marks new hope for untapped copper mines
A new incentive regime for mining in Argentina is attracting major players.
Gold Fields slumps after cutting output target for second time
Gold Fields' profit slumped to $320.7 million in the first half of this year, compared with about $458 million last year.
Societe Generale leaves London Metal Exchange’s open-outcry trading floor
The SocGen move leaves seven members operating in the LME ring, down from about 30 at its peak in the late 1980s.
Nornickel’s first-half profit slumps 22% on weak prices
The Russian miner also grappled with logistical and international payment difficulties.
Samarco expects to reach 60% of output capacity by year-end
The company has been gradually resuming activities since late 2020 after the collapse of a tailings dam in Mariana.
Mining People: Awale Resources, Karnalyte Resources, IberAmerican Lithium
Key moves in the mining sector.
Chalice downsizes board, cuts costs amid nickel prices slump
Cost-cutting measures means Chalice won't meet diversity goals as the two board members dismissed were the only female directors.
