Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…
Asia
Odds ‘n’ Sods: The isolation of field work can be lonely — and sobering
i·so·la·tion /ˌīsəˈlāSHən/ noun the process or fact of isolating or being isolated. “the isolation of older people” Every geologist has experienced extreme isolation at some point. That crystalline moment when they realized…
Climate targets threatened by lack of mining investment: McKinsey
Soaring demand for metals and minerals needed to achieve a 45% reduction in global emissions by 2030, paired with low commodity prices driving investors and mining firms to cut spending…
Sumitomo Metal invests $16.9M in Canada’s Nano One
Sumitomo Metal Mining is investing $16.9 million in Vancouver-based Nano One Material (TSX: NANO) as part of the Japanese giant’s efforts to find sustainable methods for producing lithium-ion batteries. The…
Navigating the deep: The Metals Company eyes late 2025 ocean mining start
In the dark waters of the abyssal plain between Mexico and Hawaii lies the expansive Clarion Clipperton Zone (CCZ), where Canadian outfit The Metals Company (NASDAQ: TMC) plans to pioneer…
World Gold Council steps up efforts to boost supply chain transparency
The World Gold Council (WGC) says its members, which account for the majority of the world’s top gold producers, have committed to taking steps towards improving the transparency of the supply chain. All…
Vedanta hires ex-Gold Fields boss to run copper, zinc mines
Vedanta Resources (LSE: VED) announced on Thursday it had appointed former Gold Fields (NYSE: GFI; JSE: GFI) chief executive, Chris Griffith, to head its base metals unit, including its recently…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE: NEM) US$19.2 billion acquisition of…
Industry council strives to cut emissions with new guidelines
Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies…
Taliban says it signed mining deals worth over US$6.5B
Afghanistan’s Taliban has signed seven mining contracts that would bring roughly US$6.5 billion in investments to the ruling government, the Associated Press reported on Thursday. This figure, AP says, represents…
Uranium market turn buoys Kazatomprom H1 profit
Kazatomprom (LSE: KAP), the world’s largest uranium producer, has for the six months to June reported a 25% year-on-year growth in consolidated revenue on higher sales volumes and a recovering…