First Quantum Temporarily Halts Ravensthorpe Nickel Mine Operations, Suspends Dividend
The Ravensthorpe nickel operation will witness a 30% reduction in its workforce. First Quantum will continue nickel sales from existing stockpiles.
Samsung SDI Invests in Canada Nickel, Ignoring Short-Term Market Oversupply
Samsung SDI announced a $18.5 million investment in Canada Nickel, marking the latest investment in the emerging Canadian mining company.
Zijin Mining Invests $97M In Solaris Resources, Deal To Bolster Copper Project In Ecuador
China-based Zijin Mining is investing $97 million in Solaris Resources. Proceeds will go toward an Ecuador-based project.
American Lithium Triples Peruvian Project, Defies Slump In Battery Metals
The Falchani project is the sole lithium project in the country, situated between key producers like Chile, Argentina and Bolivia.
Canada Wants To Increase Critical Mineral Production, But China’s Involvement Raises Concerns
British Columbia plays a vital role in global mining. It houses 10 metal mines, seven steelmaking coal mines, and two smelters.
Supreme Court Shuts Down Alaskan Pebble Mine Ambitions
The U.S. Supreme Court has shut down Alaska’s ambition for the Pebble mine due to pollution concerns. What…
Mining Milestone: Rio Tinto To Launch World’s Largest Project In Guinea’s Simandou Mountains
Exploring Rio Tinto's groundbreaking $6.2 billion Simandou project in Guinea, set to become the world's largest mining venture amidst decades of challenges.
As Oversupply Deflates Lithium Bubble, IPO Market Keeps In High Spirits
Lithium market facing persistent turmoil as spot prices decline for more than a year. But asset management firm Janus Henderson sees a silver lining.
Endeavour Fires CEO For Misconduct And Irregularities Linked To Asset Sale
Endeavour Mining (LSE: EDV) announced the abrupt termination of CEO Sébastien de Montessus, citing "serious misconduct" and irregularities linked to the sale of a company asset.
Following the news, shares dropped by 14% before erasing some losses during the Friday session.
Barrick Partners With Antofagasta To Prospect For Chilean Copper Amidst Tightening Global Supply
Barrick Gold and Antofagasta invest $95m in exploring copper and metals in Chile's Atacama region.