The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall, people familiar with the matter said.
Monday, April 29, 2024 - 23:47:05
Ucore Rate Metals (TSXV: UCU) has deemed a 26-tonne sample of mixed rare earth carbonate (MREC) from the Wicheeda mine to be suitable for processing on a commercial scale using Ucore’s RapidSX technology. The sample was tested at Ucore’s RapidSX commercialization and demonstration facility in Kingston, Ontario.
Monday, April 29, 2024 - 23:46:03
Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of of pre-holiday restocking by steelmakers ahead of May Day.
Monday, April 29, 2024 - 23:41:46
Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is enough water in the rivers, according to one of the biggest logistics companies on the Paraguay- Paraná Hidrovia system.
Saturday, April 27, 2024 - 17:28:19
BHP Group Ltd.’s proposal for a $39 billion takeover of rival Anglo American Plc is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for Anglo’s massive fertilizer mine in England.
Saturday, April 27, 2024 - 17:25:53
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side struggles that have helped send metal prices to two-year highs.
Sunday, April 28, 2024 - 17:29:39
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 million metric tons by the end of his term in 2026.
Friday, April 26, 2024 - 17:22:19
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its CEO Eduardo Bartolomeu said on Thursday.
Friday, April 26, 2024 - 17:21:00
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company SQM, in which it is a major shareholder, and state-run copper miner Codelco be put to a shareholder’s vote.
Thursday, April 25, 2024 - 17:12:13
Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund.
Thursday, April 25, 2024 - 17:10:30
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Monday, April 29, 2024 - 23:44:28
Iron ore will average more than $100 a ton this year as the worldwide market remains tight, despite China’s property crisis hurting the outlook for steel demand there, according to HSBC Holdings Plc.
Monday, April 29, 2024 - 23:43:23
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
Friday, April 26, 2024 - 17:19:59
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner benefited from strong production and higher sales.
Thursday, April 25, 2024 - 17:06:19
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s Tietto Minerals has become unconditional.
Wednesday, April 24, 2024 - 19:12:01
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
Friday, April 26, 2024 - 17:16:02
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
Wednesday, April 24, 2024 - 19:15:11
BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.
Wednesday, April 24, 2024 - 16:49:16
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
Tuesday, April 23, 2024 - 18:59:12
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in the latest package of measures triggered by the war in Ukraine.
Tuesday, April 23, 2024 - 18:45:55
Mining News Pro - BHP has confirmed that it will open its Nickel West sulphate plant in Western Australia this financial year after the development was delayed.
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