Grid Metals (TSXV: GRDM) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba. The combined indicated […]
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Underwater power play for metals in full swing
Despite its stranglehold on mining and processing, there’s one arena of critical minerals that China doesn’t control – underwater resources. No one does, as deep […]
Sumitomo Corp net profit down 32% on Madagascar one-off loss
Japanese trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7% from a year earlier to 386.4 billion yen […]
Zimbabwe’s sole nickel mine placed under administration
Zimbabwe’s only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure […]
US, Philippines eye agreement to cut China nickel dominance
The US and the Philippines are in discussions over ways to prevent China from dominating nickel processing in the Southeast Asian nation, a key supplier […]
Vale concludes sale of 10% of base metals unit to Manara Minerals
Brazilian miner Vale said on Tuesday it concluded the sale of 10% of Vale Base Metals to Manara Minerals for $2.5 billion, according to a […]
Glencore now sees FY trading division profit between $3bn-$3.5bn
Credit: Glencore Glencore expects profit at its trading division this year to be at the top end of its long-term annual guidance, in an elevated […]
Ardea Resources teams up with Sumitomo, Mitsubishi for nickel project
Ardea Resources said on Monday it signed a binding deal with Japan’s Sumitomo Metal Mining and Mitsubishi Corp to develop the Kalgoorlie nickel project, sending […]
Indonesia issues new mining permit for Vale Indonesia
Indonesia has issued a new mining permit for nickel miner PT Vale Indonesia, its investment minister said on Monday. Shareholders of Vale Indonesia this month […]
Harum Energy eyes nickel assets as it shifts focus from coal
Indonesian coal company PT Harum Energy is looking to buy more nickel mines as it ceases further investment in fossil fuels in order to prepare […]
First Quantum to shut down Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to shut down its Ravensthorpe nickel operation in Western Australia. The company halted production at the mine […]
BHP considering improved proposal for Anglo American after bid rejected
BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source […]