Sumitomo Metal forecasts widening global nickel supply surplus in 2025
According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia.
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Rio pays premium multiple for Arcadium in biggest deal since 2007
“We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what we’re paying.”
Festive hopes fade for India’s gold industry after price surge
A rebound in gold prices to a record peak has dashed the Indian bullion industry's expectations of a lucrative festival season after their hopes were boosted by a deep cut in import duty two months ago to the lowest in a decade.
Zijin Mining buys Newmont’s Ghana gold project for $1 billion
Underground operations are expected to begin from 2028, extending the mine’s life to 2042 and delivering about 186,00 ounces of gold a year.
GreenX Metals awarded $325 million in dispute with Poland over coal project
The company launched international arbitration proceedings in 2020, arguing Warsaw breached bilateral treaties by blocking its investment in two coal mines.
Lithios secures $12 million to scale its lithium extraction technology
The company says its ALE technology can unlock sources of lithium previously considered uneconomical and inaccessible.
Marimaca Copper options Chile project to create potential synergies with oxide deposit
The Pampa Medina project consists of 4 mining concessions near the planned processing site of the Marimaca oxide deposit.
Video: Barrick sharpens focus on capital discipline and copper growth, CEO says – Part 1
Barrick has prioritized growth investments with shareholder returns and loan retirements, distributing $5 billion and cutting debt by $3.5 billion.
UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation
The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists.
