South32 to acquire $1.55bn stake in South Gorda copper mine
KGHM Polska Miedz has failed to exercise its pre-emptive rights to increase its stake in the Chilean project.
Commodities
UK’s Cornish Lithium secures $24m in funding from TechMet
Cornish seeks to advance its strategy of establishing a domestic battery metals supply in the...
Lithium Americas increases stake in Canada’s Arena Minerals
Lithium Americas increased its stake in the Canadian mining to around 18% from approximately 11.6%.
An overdue reform? The new issue of MINE Magazine is out now
Mining is one of the most heavily-regulated, and heavily-taxed, industries in the world, with governments...
Standard Lithium secures $100m in financing from Koch
Standard Lithium and subsidiaries of Koch Industries will explore strategic opportunities to work together in...
MinRex to acquire seven Western Australia lithium exploration licences
MinRex will undertake field mapping and sampling of surface soil/rock chips from the exploration licences.
Rafaella Resources to acquire two tungsten projects in Portugal
Rafaella plans to purchase the two projects via cash and shares, with the final deal planned to be signed by the end of January 2022.
Zijin sanctions $769m investment in Congo copper smelter
The 500,000tpa smelter is planned to be built adjacent to the Kamoa-Kakula’s Phase 1 and Phase 2 concentrator plants.
Vale resumes environmental licensing for Brazil iron ore project
Vale plans to start operations at the project, which is expected to have a capacity of 14Mtpa, by 2028.
The Metals Company insists it has funding despite investor failure
The miner has claimed it still has enough capital to complete the work needed to secure a permit for deep sea mining in the Pacific Ocean.
Glencore to place Italian zinc operation on care and maintenance
The Portovesme operation is expected to remain close until power market prices witness a meaningful change in Europe.
