Nuvau sees lower capex for Matagami
An upcoming study by Nuvau Minerals (TSXV: NMC) on potentially restarting the historic Matagami base-metal operation in Quebec will extend the project’s mine life while reducing pre-production costs. Nuvau is…
Glencore
Glencore gets RIGI nod for $4B Argentina copper project
Glencore (LSE: GLEN) has secured Argentine government approval for its $4 billion (C$5.7 billion) Agua Rica copper project under the country’s special investment incentive program, clearing a significant hurdle for…
Glencore’s Hunter Valley coal mine cleared to 2045
While Australia invests in renewable energy, the commission found the social and economic benefits outrank climate concerns.
BHP wins top BC reclamation award for Island Copper
BHP (ASX, LSE, NYSE: BHP) won British Columbia’s top mine reclamation award for work continuing more than three decades after its Island Copper mine closed on northern Vancouver Island. The…
Rio Tinto to expand metals trading beyond own output
Rio Tinto (ASX, NYSE, LSE: RIO) plans to expand its metals trading business into third-party material and derivatives as chief executive Simon Trott seeks to squeeze more value from the…
Glencore sets Oct. 14 for Australian market debut
Glencore (LSE: GLEN) expects to begin trading on the Australian Securities Exchange (ASX) on Oct. 14, tapping the country’s A$4.4-trillion (US$3.1-trillion) pension market to support its copper expansion and potential…
Glencore to help build US minerals stockpile with $500M government financing
Swiss miner and commodities trader Glencore (LSE: GLEN) will help build a U.S. critical minerals reserve after receiving a $500 million commitment from the Export-Import Bank of the United States…
Glencore halts Cerrejón coal railway after attack
Glencore’s (LSE: GLEN) Cerrejón coal mine in Colombia halted railway operations after explosives struck its network, marking the sixth attack on its infrastructure this year. A train was affected by…
Comment: Gold is tariff-proof. Canada has $11 billion a year of it stuck in permitting
Canada spent the first half of September answering Washington’s trade escalation dollar for dollar after the United States imposed 50% tariffs on a broad range of Canadian goods that extend…
Radiant World sues Glencore for $2 billion
Radiant World and Sapphire Minmetals have sued Swiss miner and commodities trader Glencore (LSE: GLEN) in Singapore, seeking $2 billion (C$2.8 billion) in damages. Sapphire Minmetals, which used to be…
Chile mines 1/4 of world’s copper, but smelts just 4%
Chile, the world’s largest copper producer, is mining nearly a quarter of global concentrate while smelting just 4.2% of the world’s copper, exposing a widening gap in a supply chain…
Rio Tinto buys Aurukun bauxite project from Glencore, Mitsubishi
The deal comes as Rio Tinto looks to end operations at its Gove bauxite mine in Australia’s Northern Territory by 2030.