The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply with new US and UK sanctions imposed for Russia’s invasion of Ukraine.

Saturday, April 13, 2024 - 23:06:35

Visit: 46

Brazilian miner Vale said in a filing on Wednesday it had signed a contract to buy a 45% stake in Alianca Energia from Cemig GT, a subsidiary of energy firm Cemig, for 2.7 billion reais ($540.9 million).

Wednesday, March 27, 2024 - 23:00:18

Visit: 60

Brazilian steelmaker and mining group CSN’s net profit jumped by more than fourfold in the fourth quarter, sending its shares higher on Thursday on the back of a solid performance in its mining business.

Thursday, March 7, 2024 - 22:49:43

Visit: 68

Graphjet, a developer of patented technologies to produce graphite and graphene directly from agricultural waste, announced Monday it has accelerated the timeline for its planned manufacturing plant in Malaysia.

Monday, March 4, 2024 - 00:21:35

Visit: 87

Australia-based Fleet Space Technologies, developer and operator of microsatellites, announced Monday that it has been named an industrial affiliate of Stanford University’s Mineral-X program — a research organization combining expertise in geoscience, resource optimization and artificial intelligence (AI) to enable a decarbonized mineral supply chain.

Monday, March 4, 2024 - 00:18:51

Visit: 95

New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.

Friday, March 1, 2024 - 22:45:31

Visit: 81

France said in October it wants to give landlocked Mongolia, which is situated between Russia and China, “the means to benefit from greater strategic sovereignty” in the face of “two extremely powerful neighbors.”

Thursday, February 22, 2024 - 22:39:35

Visit: 109

Eramet is in “very advanced talks” with the French government to remove from its balance sheet several hundred million euros of debt related to its loss-making nickel subsidiary SLN in New Caledonia, the mining group said.

Wednesday, February 21, 2024 - 01:53:40

Visit: 102

Capstone Copper, alongside shareholders Orion Fund JV Ltd., Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP, has announced the closing of their recently arranged bought deal to support the company’s near-term growth initiatives in Chile.

Thursday, February 8, 2024 - 17:48:45

Visit: 106

France will continue talks until the end of February to save New Caledonia’s nickel industry, the finance ministry said on Monday, after failing to reach a deal last month to fill a massive funding shortfall for the territory’s nickel processors.

Tuesday, February 6, 2024 - 14:37:35

Visit: 93

The latest UK sanctions on Russia are creating new faultlines across the global metals world, in the latest example of how the fallout from the war in Ukraine continues to ripple through commodity markets while creating opportunities for those willing to navigate the restrictions.

Thursday, February 1, 2024 - 23:08:57

Visit: 227

Vale’s iron ore production grew 4.3% in 2023, topping the Brazilian miner’s estimate for the year, while shipments of the commodity fell slightly, the company said on Monday.

Tuesday, January 30, 2024 - 21:25:49

Visit: 114

Aluminum rallied in London after Politico reported that the European Union is considering sanctions on Russian aluminum ahead of the second anniversary of the invasion of Ukraine.

Wednesday, January 24, 2024 - 23:29:12

Visit: 94

China and Democratic Republic of Congo are discussing $7 billion in financing as part of a renegotiated minerals-for-infrastructure deal, President Felix Tshisekedi said Saturday at his second inaugural address in the capital, Kinshasa.

Tuesday, January 23, 2024 - 23:48:13

Visit: 89

Mining News Pro - The 9-month performance evaluation meeting of the financial year ending was held in the Tasiko meeting hall with the presence of managing directors, deputies and senior managers of Sadr Tamin and ESCO Holdings.

Tuesday, January 23, 2024 - 17:08:19

Visit: 44

Mining News Pro - The amount of bank financing going to mining coal, the dirtiest fossil fuel of them all, remains at surprisingly high levels. Most of it is coming from China.

Thursday, December 21, 2023 - 18:33:32

Visit: 107

Mining News Pro - Russia said on Tuesday it would have no difficulty skirting the latest package of EU economic sanctions, which notably target its diamond exports.

Tuesday, December 19, 2023 - 22:38:23

Visit: 133

Mining News Pro - Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid for Australian lithium developer Azure Minerals, the three parties said on Tuesday.

Tuesday, December 19, 2023 - 22:30:03

Visit: 91

Mining News Pro - New UK sanctions on Russian metals have caused confusion among traders and raised fresh worries that the London Metal Exchange could be overwhelmed by a glut of unwanted Russian aluminum.

Friday, December 15, 2023 - 23:33:36

Visit: 127

Mining News Pro - Palladium headed for its biggest gain since March 2020 as the UK government targeted Russian metals — but not palladium — with new sanctions.

Thursday, December 14, 2023 - 23:47:53

Visit: 80

Mining News Pro - The US imposed sanctions on Russian mining magnate Vladislav Sviblov and several mining companies connected to him, including one that’s developing one of the world’s largest zinc mines.

Wednesday, December 13, 2023 - 01:19:38

Visit: 109

Mining News Pro - Canada’s First Quantum Minerals will carry out maintenance at its Panama mine from Nov. 23 due to coal supplies being blocked by protestors opposing the government’s contract with one of the world’s biggest and newest copper mines, two sources familiar with the discussions said on Monday.

Wednesday, November 22, 2023 - 23:11:17

Visit: 97

Mining News Pro - Khuzestan Steel Company has registered a very successful performance in the first 8 months of this year, despite the electricity restrictions this summer, and the sales revenue of its products from the beginning of this year to the end of November has been more than 90% of the company's total revenue in the last 12 months.

Sunday, November 19, 2023 - 16:49:12

Visit: 166

Mining News Pro - The US Export-Import Bank is being eyed as a venue for boosting investment in Australian critical minerals development to supply components needed in electric vehicles, wind turbines and other technology, Australia’s resource minister said.

Thursday, October 26, 2023 - 15:03:21

Visit: 126

Mining News Pro - China’s Zijin Mining said it will defend its right to advance the contested Manono Lithium mine in the Democratic Republic of Congo (DRC), after it was granted permission to develop the deposit.

Thursday, October 26, 2023 - 15:01:20

Visit: 106