Alcoa will divest its stake in the Ma’aden joint venture (JV) to Saudi Arabian Mining Company (Ma’aden) for over $US1 billion. Located in Saudi Arabia, the Ma’aden JV was created in 2009 and comprises the Ma’aden bauxite mine and alumina refinery and the Ma’aden...
The available coking coal stock in its yard, to run the last of its three furnaces, is expected to barely last for five-six days; if production stops it will be the first such instance since the steel plant opened in 1982. As reported in these columns earlier this...
Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E) production to cut costs, CEO Neal...
New World Resources on Thursday announced the submission of a key construction permit for its Antler copper project in Arizona, in the US. The company, which is listed on the ASX, applied for an air quality control permit from the...
Canada-headquartered Barrick Gold expects to complete the feasibility study for the expansion of its Lumwana mine, in Zambia, by the end of the year, paving the way for construction to start in 2025. In a webinar to update the market on the Lumwana...
