Guinea squeezes Emirati-owned bauxite miner
Guinea, the world’s top exporter of bauxite, has revoked the mining title of Emirates Global Aluminium’s GAC subsidiary and awarded it instead to a new local entity – a move…
aluminum
Southern Copper, Freeport-McMoRan top U.S. peers as steelmakers retreat
Global miners Southern Copper (NYSE: SCCO), Freeport-McMoRan (NYSE: FCX) and Newmont (NYSE: NEM) once again topped their U.S. peers for market capitalization and earnings while several steelmakers had a down…
Rio picks iron ore boss Trott as new CEO
Rio Tinto (ASX, LSE: RIO) has chosen Simon Trott, head of the company’s iron ore unit, as its new CEO, selecting a 20-year company veteran to steer the mining giant…
Quick riches dominate West African junta plans
Heightened state control of natural resources is sweeping across the globe as China limits critical mineral exports and the Trump administration fast-tracks projects. But nowhere is the concept more gripping…
Rio’s $1.7B upgrades century-old Quebec hydro dam
Rio Tinto (ASX: RIO) is investing $1.7 billion (US$1.22 billion) to modernize its Isle-Maligne hydroelectric power plant in Quebec, first commissioned in 1926, to make aluminum production more efficient. The…
New Gold earns Artemis award for empowering women
New Gold (TSX, NYSE: NGD), which this year extended the life of its Rainy River mine in Ontario near the Manitoba border, has earned an award for advancing gender equality…
Carney would OK projects in two years to Poilievre’s one
Liberal leader Mark Carney is pledging to expand Canada’s mineral exploration tax credit and approve resource projects within two years through a dedicated office. Carney, who faces main challenger Pierre…
Mining dominates Poilievre’s speedy permits list
Mining investments make up nearly all the resource projects Conservative leader Pierre Poilievre would approve within a year if elected Canadian Prime Minister this month. Campaigning in British Columbia on…
Miners join post-tariff stock selloff
A widely followed gauge of mining stocks plunged by more than 4% as worldwide markets sank a day after United States President Donald Trump imposed global reciprocal tariffs. The S&P/TSX…
EU selects 47 strategic critical minerals projects
The European Union has published its first list of strategic projects strengthening the local extraction, processing and recycling of 14 of the 17 materials it deems critical for its energy transition and…
Mercuria bets big on copper in bid to rival oil trading
Swiss commodities trader Mercuria plans to acquire more stakes in mines, particularly in the copper sector, as it expands its recently established metals division — an operation it envisions growing…
Tariff war drives commodity demand
As Canada and the European Union retaliated against United States tariffs on aluminum and steel imports, analysts at Macquarie said the chaos would hurt the global economy even while boosting…