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Industry Updates
Glencore–Rio Merger Talks Collapse After Years of Behind-the-Scenes Effort
A long-running effort to bring mining giants Glencore and Rio Tinto together came to an abrupt end within a single…
Ivanhoe in talks to send Congo zinc to US stockpile
Ivanhoe Mines is reportedly in advanced discussions with U.S. officials and industry partners to supply zinc from…
Bullish but Cautious: Analysts Temper Optimism on Base Metals Outlook
Analysts remain broadly bullish on base metals but are urging restraint in expectations, citing a mix of supportive…
Kazatomprom Plans 9% Increase in Uranium Output This Year
Kazatomprom, the world’s largest uranium producer, has announced plans to raise its uranium output by around 9%…
Eldorado to Acquire Foran Mining for $2.8 Billion, Strengthening Copper Portfolio
Eldorado has agreed to acquire Foran Mining in a deal valued at approximately $2.8 billion, marking a major move to…
Rare Earth Corridors to Boost India’s Self-Reliance in Magnet Manufacturing, Says…
India’s proposed rare earth corridors are expected to significantly strengthen the country’s self-reliance in…
Copper Prices Slide as LME Trading Halt Caps Volatile Metals Week
Global copper prices fell sharply on Friday after the London Metal Exchange (LME) temporarily halted trading,…
Vizsla Silver Says 10 Employees Abducted in Mexico’s Sinaloa State
Canadian mining company Vizsla Silver said that 10 of its employees were abducted in Sinaloa, Mexico, highlighting…
China’s Metals Buying Spree Pushes Copper Prices Past $14,500 a Tonne
Global copper prices surged beyond $14,500 per tonne as China’s aggressive buying and stockpiling of industrial…
Metals Surge Lifts Mining Groups’ Market Value by Nearly $500 Billion
A sharp surge in global metal prices has boosted the combined market value of major mining groups by almost $500…