Roosen’s Osisko greenlights Cariboo gold project in BC
Canadian developer Osisko Gold Group (TSXV, NYSE: OGG) is going ahead with construction of the $1.2-billion (US$841-million) Cariboo underground mine in central British Columbia, targeting…
Trafigura
Trafigura in talks to build aluminum smelter in Egypt
Commodity trading giant Trafigura says it’s begun talks with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to build a new…
Trafigura inks 10-year lithium deal with Smackover
Offtake deal with the Standard Lithium-Equinor JV signals growing push to secure domestic battery materials supply in North America.
Congo copper exports to US begin via Angola railway to Atlantic
A cargo of copper cathodes is headed to Baltimore after arriving by train at the port of Lobito in Angola on Monday.
Trafigura faces US$577M loss on alleged nickel fraud
Commodities trader Trafigura Group will take an almost half a billion dollars charge in first half of 2023, after discovering that some nickel cargoes it bought didn’t…
Terrafame to start mining uranium in Finland by mid-2024
Finland’s Terrafame will start recovering natural uranium as a byproduct of zinc and nickel production at its Sotkamo mine by mid 2024. The miner, in…
Trafigura puts Auby zinc smelter on care and maintenance
“Challenging market conditions” have forced Trafigura to put its Auby smelter in France on care and maintenance. Netherlands-based Nyrstar, which is majority owned by Trafigura,…
Anglo American’s Quellaveco yields first copper concentrate
Anglo American (LSE: AAL) said on Tuesday it had begun producing copper concentrate at its US$5.5 billion Quellaveco mine in Peru. The mining giant, which…
Glencore earmarks US$1.5B for probes amid record profit
Mining and commodities trader Glencore (LSE: GLEN) will set aside US$1.5 billion to cover a series of probes into bribery and market manipulation, which it…
Tesla inks multi-year nickel supply deal with Prony
Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the…
Mineração Vale Verde completes Serrote copper-gold mine build
Privately held Mineração Vale Verde (MVV) and funding partner Appian Capital Advisory have completed construction of the Serrote copper-gold project in Alagoas, Brazil, ahead of…
Congo launches state-owned cobalt miner
The Democratic Republic of the Congo (DRC) has officially begun operations at Entreprise Générale du Cobalt (EGC), a state-owned company with monopoly rights to the…