China’s new iron ore buyer sets off biggest shakeup in years
A new state-owned company called China Mineral Resources Group is poised to become the world’s biggest iron ore buyer as soon as next year.
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Nucor, Electra partner to produce carbon-free iron for steelmaking
A new process to refine low-grade iron ores into high-purity iron results in zero carbon dioxide emissions.
Rio Tinto secures direct control of Oyu Tolgoi mine
Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.
Panama to shut down First Quantum’s giant copper mine
Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine.
First Quantum Minerals ordered to suspend operations at Cobre Panama copper mine
First Quantum's $6 billion investment in the open-pit mine, where operations began in 2019, is considered the largest private investment in the Central American country.
British Columbia First Nations go to court to challenge province’s mineral claim regime
At the heart of the case is the free entry mineral claim system that allows anyone to file a mineral claim without notifying or engaging with First Nations.
Snow Lake investor battle brings raw energy to Manitoba lithium project
Concerned shareholders are accusing company CEO and the board of directors of enriching themselves with more than C$6 million for just seven months of service.
Police searched Ivanhoe Mines’ Vancouver office as part of Swiss bank transfer investigation
Police searched Ivanhoe's Vancouver office seeking information on $2.7 million in bank transfers related to its copper operations in the DRC.
Lithium stocks fall as prices ease for the first time in 6 months
Australia spodumene auction disappoints and Chinese lithium chemicals show weakness ahead of EV subsidy end.