US Project Vault readies $1B loan blitz for industry
Federal-backed financing aims to help US manufacturers secure essential metals and materials amid supply risks.
Glencore
Copper surplus to widen as refined output rebounds
The global refined copper surplus is expected to more than triple next year as production growth outpaces consumption, despite demand from electrification, artificial intelligence and data centres, the International Copper…
Nickel shortage forecast flips to surplus
The global nickel market is heading for another surplus this year, reversing an earlier forecast for a shortage, the International Nickel Study Group says. Production is forecast at 3.87 million…
Falco vies for environmental OK
After eight years in environmental review, Falco Resources (TSXV: FPC) expects Quebec to sign off on Horne 5 by year-end — a decision that would unlock a gold and critical…
Hot Chili drills shallow copper, gold in Chile
New drilling by Glencore (LSE: GLEN)-backed Hot Chili (ASX, TSX-V: HCH; US-OTC: HHLKF) has extended shallow copper-gold mineralization at its La Verde porphyry discovery in coastal Chile, strengthening the case…
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 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…