Rio Tinto to buy lithium project in Argentina for US$825M
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is expanding its lithium ambitions beyond the Jadar project in Serbia by agreeing to buy the Rincon brine project, located in the…
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Global nickel supply could increase by 20% in 2022 – report
Commodity researcher Global Palladium Fund forecasts a global nickel surplus of 59,000 tonnes in 2022. The analyst expects the surplus to be concentrated in low-grade nickel pig iron (NPI) and…
Vale to sell Moatize coal mine to Vulcan for US$270M
Vale (NYSE: VALE) is selling its Moatize coal mine and the Nacala logistic corridor, a multibillion-dollar port and rail project in Mozambique, to Vulcan Minerals (TSXV: VUL) in a transaction…
Noront picks Wyloo’s latest offer, gives BHP five days to match
Noront Resources (TSXV: NOT) said today it has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, but has given BHP (NYSE: BHP;…
The Northern Miner Podcast – episode 270: ‘Our supply chains are too big’, ft Electra Battery Materials CEO Trent Mell at the Global Mining Symposium
This week’s episode features Electra Battery Materials president and CEO Trent Mell in conversation with Mining.com executive editor Frik Els at the Global Mining Symposium. Trent discussed the fragility of…
The View from England: On the rocks
There is one aspect of geology that makes even us mining engineers sit up and take notice, namely the relationship it has with whisky. I edited an article on the…
Lundin Mining to acquire Josemaria Resources for $625 million
Lundin Mining (TSX: LUN) is acquiring Josemaria Resources (TSX: JOSE) for about $625 million for its namesake copper-gold project in San Juan, Argentina. The Canadian miner is acquiring the company for $1.60 a…
Newmont raises US$1B through mining industry’s first sustainability linked bond
Newmont (TSX: NGT; NYSE: NEM) has closed the mining industry’s first sustainability-linked bond, raising net proceeds of US$992 million in a registered $1 billion public offering of senior notes issued…
Fortuna Silver receives EIA extension for San Jose mine in Mexico
Mexico has granted Fortuna Silver Mines (TSX: FVI; NYSE: FSM) a 12-year extension to its environmental impact authorization for the company’s San Jose mine in Oaxaca state, after first denying the extension in November. “After continued dialogue and technical…
Permit delays for winter road to Prairie Creek in NWT push back NorZinc schedule
Unexpected regulatory requirements have NorZinc (TSX: NZC; US-OTC: NORZF) delaying construction of the winter road to the Prairie Creek project – and the start of production – for at least…
Rio Tinto picks outgoing Canadian ambassador to China as chairman
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has picked outgoing Canadian ambassador to China and veteran management consultant Dominic Barton to lead its board as the miner tries to…
Chilean miners ask leftist president-elect to foster country’s industry
A leftist millennial who rose to prominence during anti-government protests in 2019 was elected as Chile’s next president on December 19, following a bruising campaign against a free-market and anti-immigrants…