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Glencore sells royalty package to Sandstorm Gold

Sandstorm Gold has acquired BaseCore Metals, an entity jointly owned by commodities trader and miner Glencore and Ontario Pension Plan Board (OTPP), for $525-million in cash and shares, it was announced this week. The consideration comprised $425-million in...

Alcoa rides high on unprecedented aluminium demand

Alcoa Australia is working on literally reinventing the aluminium industry for a sustainable future. The message was delivered by company vice president of operations, Michael Gollschewski, at a recent WA Mining Club presentation. ‘We are the world’s largest alumina...

China considers end to coal ban

Chinese bureaucrats studying the energy outlook are proposing to end a near two-year ban on Australian coal as tensions begin to ease. There are also concerns that supply may tighten when Western-led sanctions on Russian energy kick in. Bloomberg reports that a...

Greenland looks at lithium play in Spain

ASX-listed rare earths developer Greenland Minerals (GGG) has moved to increase its exposure to critical minerals, signing a binding heads of agreement with Technology Metals Europe (TME) and its sole shareholder Welsbach Holdings for the right to earn-in a 51%...