Uganda sets up state-owned firm to take stakes in mining operations
All mining activities in the east African country have previously been done by private firms after obtaining exploration and mining licenses.
Latest Stories
Iamgold closer to buying back 9.7% stake in Côté gold mine
The gold mine is currently owned as a joint venture set in December 2022 with Sumitomo, which lent Iamgold funds to complete the project.
A bitter feud risks ripping apart an $11 billion metals empire
A spat between two wealthy South Korean families over the future of a zinc empire has descended into a bitter battle for control that could hamper efforts to diversify the global supply of energy-transition metals.
Capstone achieves commercial production at MVDP, releases feasibility for optimized project
Capstone now plans to begin construction of the MV Optimized project following acceptance of its environmental permit application.
Canada to hit Chinese steel and aluminum with tariffs on Oct. 22
Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks.
Australian mine fight reignites Aboriginal heritage tensions
A decision by Environment Minister under a rarely used Aboriginal heritage protection law has stoked an outcry from mining groups.
Teck options Canterra project in Ring of Fire
Canterra calls this area of the James Bay Lowlands ‘largely unexplored’ due to limited bedrock exposure.
Aluminum squeeze rolls on with key LME spread spiking again
The October monthly contract traded at a $22 premium to November on Tuesday, hitting a new high after the spread jumped by more than $9 the previous day.
Aurubis to shun takeovers, rebuild trust, new CEO says
The company was rocked by a scandal last year when its copper was stolen by an organized crime ring.