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Alcoa Cuts Australian Output; Hycroft Discovers High-Grade Silver; ZK International Enters Southeast Asia, Middle East

By Austin DeNoce
January 9, 5:06 PM
Top Stories for Jan. 9, 2024: 1. Alcoa Corporation (NYSE: AA) plans to fully curtail production at its Kwinana Alumina Refinery in Western Australia starting in the second quarter of 2024 due to factors including its age, scale, operating costs and current bauxite grades.

AA

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Gold Fields Divests Asanko Stake, White House Scrutinizes Nippon’s Bid for US Steel, ArcelorMittal Announces Companywide Audit: Friday’s Top Mining Stories

By Austin DeNoce
December 22, 5:24 PM
Gold Fields Limited announced that certain of its wholly owned subsidiaries have entered a share purchase agreement with Galiano Gold Inc. to sell its stake in the Asanko joint venture in Ghana. The payment includes $150 million in staggered cash payments, $20 million in Galiano shares and a 1% royalty on future gold production.

MT