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Glencore bought aluminum from Rusal worth $1.06bn in 2023 - MINING.COM

16+ hour, 10+ min ago — 

...the average London Metal Exchange cash price of $2,307 per ton for... ...Although Rusal, the world’s largest producer outside China accounting... ...(By Polina Devitt and Eric Onstad; Editing by Louise Heavens, Michael... ...Erman and Andrea Ricci)...

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Trilateral labor panel rules in favor of Mexico in mine case - MINING.COM

12+ hour, 20+ min ago — 

...Mexico said that while it had found that miner Grupo Mexico had “... ...Mexico GMEXICOB.MX mine in the central state of Zacatecas.... ...(Reporting by Kylie Madry; Editing by Chris Reese and Diane Craft... ...Grupo Mexico has previously said the mine in question resumed operations...

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Southern Copper's copper output seen above 1 million tons in 2027, says Grupo Mexico - MINING.COM

9+ hour, 10+ min ago — 

..., the unit’s chief financial officer, in an earnings call.... ...Copper’s copper output seen above 1 million tons in 2027, says Grupo Mexico... ...(Reporting by Marion Giraldo; Editing by David Alire Garcia) Trilateral... ..., the United States, Spain and its home base of Mexico....

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American Rare Earths rejects $400 million SPAC takeover offer - MINING.COM

9+ hour, 30+ min ago — 

...The United States has only one producing rare earths mine, Mountain... ...Wyoming Rare holds the company’s 2.34 billion tonne Halleck Creek... ...rare earth project,” ARR Chairman, Richard Hudson said in the statement... ...“The inbound interest received in American Rare Earths underscores...

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Copper price hits $10,000/t as BHP bid shows tight supply pipeline - MINING.COM

18+ hour, 42+ min ago — 

...Inc. and Trafigura Group, which say the metal will have to jump... ...The disconnect is evident in futures positioning on the London Metal... ...BHP Group’s megabid for Anglo American Plc this week highlights that... ..., managing director for commodities research at BMO Capital Markets...

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SQM invests $2 million in Chilean startup Movener - MINING.COM

15+ hour, 18+ min ago — 

...UK-based companies Altilium Clean Technology and Salinity Solutions... ...SQM invests $2 million in Chilean startup Movener SQM Lithium Ventures... ...Silvercorp diversifies into South America with $146 million deal... ...SQM’s environmental goal include reducing the use of groundwater...

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Asia Gold-India flips to premium as price dip lifts demand - MINING.COM

18+ hour, 2+ min ago — 

...In India, the world’s second-largest gold consumer and a major importer... ...dealer with a private bullion importing bank.... ...Varghese, Harshit Verma and Brijesh Patel in Bengaluru, Rajendra... ...,” said Bernard Sin, regional director, Greater China, at MKS PAMP...

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Iron ore price set for 3rd weekly rise on China demand - MINING.COM

18+ hour, 48+ min ago — 

...The most-traded September iron ore contract on China’s Dalian Commodity... ...The benchmark May iron ore on the Singapore Exchange was 0.13% higher... ...and Andrew Hayley; Editing by Sonia Cheema and Subhranshu Sahu... ...Steel benchmarks on the Shanghai Futures Exchange were mixed....

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Mining People: Appia, C2C Metals, Lincoln Strategic, QI Minerals, Honey Badger, Atacama - MINING.COM

17+ hour, 57+ min ago — 

...Atacama Resources has three new directors – John Grant, William MacRae... ...exploration and resources  at Wesdome Gold Mines....

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Rising copper demand spurs search for alternative climate solutions - MINING.COM

18+ hour, 28+ min ago — 

...American Plc by Australian giant BHP Group Ltd.... ...is abuzz with a possible £31 billion ($39 billion) takeover of Anglo... ..., according to the International Copper Association.... ...demand in 2023, according to DMM Advisory Group....

 


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