China signed a $1.4-billion agreement with Zambia and Tanzania on Thursday to modernise the TAZARA railway linking landlocked Zambia to the Indian Ocean. The railway, financed by China in the 1970s to facilitate copper exports and fuel imports through Tanzania,...
Canadian developer First Mining Gold has agreed to sell its Cameron gold project in Ontario to Oronova Energy in a C$27-million transaction that will create a newly branded vehicle, Seva Mining, backed by the Fiore Group. Under the definitive amalgamation agreement,...
Coal-fired power plants in the US must be kept online for as long as possible to help meet the soaring energy demands of AI data centers, Chris Womack, CEO of energy utility Southern Company, has said. At Schneider Electric’s North America Innovation Summit 2025,...
Multi-metal producer Nyrstar has successfully cast its first antimony metal from a pilot plant at its Port Pirie, South Australia facility this week. The successful production represents a key milestone in a rapid transformation project that attracted...
Chile’s state copper commission Cochilco increased its forecast for copper prices for 2025 and 2026 to record highs on Wednesday amid weak production. Cochilco now sees average copper prices in 2025 of $4.45 per pound and hiked its 2026 forecast to $4.55 per...
MP Materials said on Wednesday it would build a rare earths refinery in Saudi Arabia with the US Department of Defense and state-owned Saudi Arabian mining company Maaden to expand Middle Eastern processing of the critical minerals. The news comes as Saudi Crown...
