Chile’s State-run miner Codelco plans to select a partner for a future lithium project in one of the country’s top salt flats, Maricunga, in the first quarter next year, Chairman Maximo Pacheco said on Monday. Codelco,...
Mining giant Vale has exceeded its target of reaching 100% renewable energy consumption in its Brazilian, accomplishing this milestone two years ahead of schedule. The announcement, highlighted in Vale’s recently released 2023 integrated report, revealed that all...
Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Australian-based Tietto, of which Zhaojin is a key shareholder, today urged its shareholders to “take no action” on the offer until it could...
Gold Road Resources has responded to recent speculation it will soon acquire Canada’s Greenstone Gold Mines. The company confirmed it is in the midst of a sale process conducted by US mining investment company Orion Resource Partners for the mines but said nothing is...
China’s Zhaojin Mining said it is raising its offer to buy the shares it does not already own in Tietto Minerals to up to A$733-million, sending the Australian gold explorer’s shares to a one-year high. Last October, Zhaojin had placed a bid for Tietto...
Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new restrictions, aimed at curbing President Vladimir Putin’s...
