Peru’s copper production fell 1.2% in September compared to the same month last year to settle at 232 423 metric tons, data from the ministry of energy and mines showed on Tuesday. Peru is one of the world’s largest suppliers of the industrial metal, and...
Japanese trading house Mitsui & Co. has emerged as the highest bidder for a stake in First Quantum Minerals’ Zambian copper mines, according to people familiar with the matter. Mitsui submitted an offer that’s higher than a rival proposal from Saudi Arabia’s...
ASX-listed Sayona Mining and Piedmont Lithium are set to merge in a move that will create the largest hard-rock lithium producer in the US. The deal has been struck through a definitive agreement, under which Sayona and Piedmont will combine to create a leading...
Rio Tinto has taken a commanding position in Energy Resources of Australia (ERA), holding over 98 per cent of the company’s shares following the conclusion of ERA’s entitlement offer and shortfall bookbuild. The capital raising effort generated $766.5 million before...
He’s been a vocal opponent to coal mining in the Eastern Slopes of the Rockies for years, and more recently, a proposed project at Grassy Mountain. On Tuesday night, Alberta country music star Corb Lund used his platform to turn the volume up on the issue, just...
Sweden’s Boliden is closing in on a deal to buy Lundin Mining’s two European mines, according to people familiar with the situation. The two companies are in advanced talks over the assets, said the people, who asked not to be identified discussing private...
