C odelco, the world’s biggest copper producer, won approval to buy Lithium Power International after shareholders of the Australian junior voted in favor of a takeover that diversifies the Chilean miner’s portfolio of key energy transition metals. Shareholders agreed...
China’s coal-buying bonanza last year benefited suppliers of higher-grade fuel the most, but 2024 is likely to prove more challenging for imports generally as the world’s biggest buyer dials back its requirements. Imports surged 62% in 2023 to an unprecedented...
Following Wyloo’s decision to place the Cassini, Long and Durkin nickel mines under care and maintenance, BHP has announced that it will pause part of its Kambalda processing operations in Western Australia. Wyloo is a major supplier to BHP’s nickel...
Sandvik Mining and Barrick Gold have extended their global framework agreement to enhance their long-term partnership. Under the partnership, Sandvik supplies technologies to Barrick’s international mining operations. The extended agreement will allow Sandvik to...
Canadian miner First Quantum Minerals is exploring a rights issue as it seeks to strengthen its balance sheet, following the closure of a key mine in Panama last month that accounted for about 40% of its revenue, two sources familiar with the matter told Reuters. The...
The Cerro Matoso mine, in Colombia, a major ferronickel producer, is undergoing a strategic review in response to ongoing nickel market shifts that are putting pressure on prices. South32, the mine’s owner, announced that the review aims to “evaluate options to...
