Vale’s Indonesia equity sale paves the way for billions in investment
A Canadian unit of Vale Base Metals, Vale’s (NYSE: VALE) copper and nickel spinoff, has agreed to sell a 14% stake in Vale Indonesia (PT Vale) to align with Indonesian…
Australia, NZ & South Pacific
Panoramic Resources mulls sale of flagship nickel asset
Panoramic Resources (ASX: PAN) has launched a strategic review of its flagship Savannah nickel project, in the Kimberley region of Western Australia, amid weak battery metal prices. The company said it…
Follow the money trail to critical metals
One investing strategy in mining is to watch the insiders. By insiders, I mean the big players in the industry. That is, the directors of multi-billion-dollar companies, mining magnates and…
IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday its former aluminum boss for…
Glencore ready to spin off coal unit after sealing Teck buy
Glencore (LSE: GLEN) is moving ahead with plans to spin off its profitable but polluting thermal coal business after clinching on Tuesday a US$8.9-billion deal for the coal division of Teck Resources…
Mineral Resources boosts stake in lithium miner Azure Minerals
The battle to control Australia’s Azure Minerals (ASX: AZS) seems far from over as Mineral Resources (ASX: MIN) bought additional shares on Tuesday in the lithium and battery metals junior,…
TNM Drill Down: Southern Cross’ Sunday Creek reports best gold hit of the week
Our TNM Drill Down features highlights of the top gold assays of the past week (Nov. 3-10). Drill holes are ranked by gold grade x width, as identified by data…
JV Video: EY highlights access to capital as key concern for miners
Concern over access to capital against the urgent need for trillion-dollar investment to meet metal demands for the energy transition emerged as a critical industry concern in the latest findings…
Rio Tinto, Codelco partner up to find more copper in Chile
Mining giant Rio Tinto (ASX: RIO; LSE: RIO) and Chilean state copper miner Codelco created on Wednesday the Nuevo Cobre (New Copper) joint venture to explore and potentially develop the…
Lucapa finds Angola mine’s second-largest diamond
Australia’s Lucapa Diamond (ASX: LOM) has unearthed a 235-carat type IIa diamond from its prolific Lulo mine, the second-largest recovered at the Angola operation since it opened in 2015. The find comes barely a…
RANKED: World’s top 10 graphite projects
Graphite grabbed news headlines recently when China announced it will require export permits for some graphite products. China is the world’s top graphite producer and exporter and it refines more…
TNM Drill Down: Hod Maden in Turkey tops results
Our TNM Drill Down features highlights of the top gold assays of the past week (Oct. 27 – Nov. 3). Drill holes are ranked by gold grade x width, as…