November 4, 2024 Inomin, Sumitomo partner on British Columbia nickel project Sumitomo will have the right to earn up to an 80% interest in the project by spending at least C$8 million on exploration.
November 3, 2024 How one of the tiniest oil markets cost Trafigura over $1 billion Last week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees.
October 31, 2024 Freeport probed by SEC over quake risk at Indonesia copper plant Officials are investigating if the miner failed to disclose the threats that an earthquake could pose to its new copper smelter complex.
October 30, 2024 Sumitomo resumes production at Madagascar’s nickel project Sumitomo has been struggling to stabilise production and improve profitability at the Madagascar project, which launched in 2005.
October 30, 2024 India’s gold demand to hit four-year low amid price rally, WGC says Record-high prices are seen denting purchases during the peak festival season in the December quarter.
October 29, 2024 Private equity deals in mining sector tumble by half in 2024 – report Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.
October 29, 2024 India’s festive gold buying spree continues, defying record price Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday.
October 29, 2024 Trillions needed to achieve net-zero by 2050 — Wood Mackenzie The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario.
October 28, 2024 Vale, Jinnan invest $627m in iron ore plant in Oman Facility in the port city of Sohar will process 18 million tonnes of iron ore from 2027.
October 28, 2024 Metso wins equipment order from Hindalco for precious metals refinery This state-of-the-art refinery will be associated with the new e-waste recycling plant that Hindalco is building in Pakhajan, Gujarat.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am