ArcelorMittal halts steel plant expansion in Brazil
Increasing steel imports, especially from China, are affecting local demand says ArcelorMittal.
Latest Stories
Petra Diamonds adjusts strategy amid 2024 market challenges
The diamond miner dealt with headwinds in fiscal year 2024 with strategic cost reductions and operational adjustments.
US backs Australian lithium, rare earths projects for up to $786 million
Anson Resources and American Rare Earths received interest from the Export-Import Bank of the United States.
Metals producer backed by Canada province vows to compete with China in rare earths
China controls 95% of the global production and supply of rare earth metals.
Nouveau Monde gears up for Matawinie construction phase 2
The project is expected to generate 97% pure flake graphite for at least 25 years.
Canada to invest $42 million in Yukon, Northern British Columbia mining infrastructure
The C$60 million in funding will be divided between two key infrastructure projects for critical minerals mining,
Top miners’ reclamation obligations could surpass industry’s total debt by 2033
Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013.
SSR targets October restart at Seabee gold mine in Saskatchewan after forest fire
Last year, Seabee produced 90,777 oz. of gold, and is forecast to produce 75,000-85,000 oz. in 2024.
BHP and Cobre to jointly explore for copper in Botswana
The potential earn-in JV covers Cobre's Kitlanya West and East copper projects in the Kalahari copper belt.
