January 17, 2024

Sumitomo participates in FPX Nickel financing to gain 9.9% stake

FPX owns 100% of the Baptiste nickel project in the Decar nickel district of British Columbia.

January 17, 2024

Iron ore futures retreat amid weak China data

The benchmark February iron ore on the Singapore Exchange slid 2.6% to $125.95 a metric ton.

January 16, 2024

Indonesia approves Freeport’s mining quota for 2024-2026

Indonesia last year changed mining production plans from annual to valid for three years.

January 16, 2024

Indonesia says ‘strong indication’ of safety procedure violation in nickel fire

Fire at nickel smelter on Sulawesi island killed 21 workers.

January 16, 2024

Most cobalt producers loss-making after 2023 price slump, says ERG

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop.

January 16, 2024

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

January 15, 2024

Royal Road JV wins bid for Saudi exploration licence

The JV has committed to minimum expenditure of $5.5 million over the first five years.

January 15, 2024

Ma’aden, Hexagon partner to launch Middle East’s first digital mine

Hexagon’s life-of-mine technology solutions will be deployed at the Mansoura Massarah gold mine.

January 15, 2024

India’s state-owned KABIL signs $24 million lithium exploration deal in Argentina

India has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile.

January 12, 2024

Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project

The South Korean battery maker can acquire a 10% equity interest in the Crawford project for $100.5 million.