Peru election too close to call as vote tally drags on
Investors weigh mining and economic risks as Peru’s presidential race remains deadlocked with most ballots counted.
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Rio Tinto boosts funding for Canadian communities by 30%
Annual investment of C$13 million will support local priorities focused on education, food security and environmental issues.
First Atlantic, Vema partner to unlock hydrogen potential in Newfoundland
Locally produced hydrogen at the Pipestone project could support on-site energy needs for a large-scale nickel and cobalt mining district.
Aclara seeks US backing for Chilean rare earth project
Aclara is advancing a $1.5 billion strategy that links Latin American mines with US processing capacity.
Trafigura halts some Cuban zinc shipments as US blockade bites
The commodity trading house informed some smelters in China that they won’t receive cargoes of semi-processed zinc concentrates from the Castellanos project.
Vale CEO says metals demand is robust despite Iran conflict
Vale raised its full-year free cash flow forecast for its core iron business by $1.5 billion to reflect the rally in ore prices.
Mercuria’s first-half profit jumped 88% on commodity shocks
The value of advances and loans on its balance sheet grew by 75% to $5.09 billion during the first half of its financial year.
Chinese buyers spark bidding war for US tungsten scrap: FT
Some dealers even reported being offered premiums of up to five times normal market prices, FT said.
Antofagasta to spend $900M extending Zaldívar mine to 2051
The investment will replace freshwater use with treated wastewater by 2028, creating 5,000 construction jobs.