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Mining and Metailurgy
India
India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke
Metal
08-06-2025
Blue Jay Gold Acquires Skukum Gold Project in Canada From Tincorp Metals
Blue Jay Gold has agreed to acquire Whitehorse Gold, a Tincorp Metals subsidiary owning the Skukum Gold Project in Yukon, Canada. The deal is set to close in the third quarter of 2025, subject to approvals and conditions.Blue Jay has committed to an incen
Metal
06-06-2025
India Plans Rare Earth Magnet Incentives as Supply Threat Mounts, Sources Say
India is negotiating with companies to build long-term stockpiles of rare earth magnets by offering financial incentives for domestic production, sources familiar with the matter said. The initiative seeks to strengthen local manufacturing and reduce depe
Metal
08-06-2025
Greenridge Exploration Acquires Raven Uranium Project in Saskatchewan, Canada
Greenridge Exploration has acquired the Raven Uranium Project in the Athabasca Basin, Saskatchewan, Canada, through cost-effective staking without underlying royalties. The project spans four mineral claims covering 6,269 hectares, located approximately 6
Metal
05-06-2025
China Increases Scrutiny Over Rare Earth Magnets With New Tracking System
China has implemented a tracking system for its rare earth magnet industry, effective last week, according to three informed sources. This system requires producers to submit detailed information online, including trading volumes and client names, as part
Metal
05-06-2025
Rio Tinto Revising Cost of Serbia Lithium Project
On Wednesday, Chad Blewitt, managing director of Rio Tinto’s Jadar lithium mine in Serbia, announced that the company is reviewing the costs of its lithium project, which the European Commission has designated as one of 13 strategic critical mat
Metal
07-06-2025
AngloGold Ashanti to Sell Brazilian Serra Grande Mine for $76M Plus Royalties
AngloGold Ashanti has agreed to sell its stake in the Mineração Serra Grande mine, located near Crixás in Goiás, Brazil, to Aura Minerals for $76 million in cash, with additional deferred payments based on a 3%
Metal
04-06-2025
Global Alarms Rise as China’s Critical Mineral Export Curbs Takes Hold
Global automakers expressed concerns on Tuesday over China's restrictions on critical mineral exports, warning that the curbs could disrupt production and lead to delays or outages. The restrictions, affecting rare earth alloys, mixtures, and magn
Metal
04-06-2025
US Steel, Aluminum Imports From UK to Remain at 25%
On June 3, 2025, U.S. President Donald Trump signed a proclamation maintaining tariffs on steel and aluminum imports from the United Kingdom at 25%, while increasing tariffs on imports from other sources to 50%, effective June 4, 2025. The decision outlin
Metal
07-06-2025
Perenti Secures $707M Gold Mine Contract in Burkina Faso
Perenti, through its joint venture subsidiary Underground Mining Services Burkina Faso SARL (UMS), has secured a A$1.1 billion ($707.3 million) contract with SEMAFO Burkina Faso, a subsidiary of Endeavour Mining, to provide underground mining operations a
Metal
03-06-2025
US Aluminium, Steel Prices Jump, Shares Drop on Trump’s New Tariffs
On June 4, 2025, new U.S. tariffs on steel and aluminium imports, set at 50%, took effect, as announced by President Donald Trump on Friday. The U.S., a major steel importer with 26.2 million tons imported in 2024, saw significant market reactions. Steel
Metal
02-06-2025
Perpetua Secures $6.9m Defence Funding to Advance Domestic Antimony Supply
Perpetua Resources has secured an additional $6.9 million from the U.S. Army through the Defence Ordnance Technology Consortium (DOTC) to advance the Stibnite Gold Project in Idaho, USA. The funding, announced in May 2025, builds on a $15.5 million award
Metal
30-05-2025
Kalgoorlie Gold Mining Completes Initial Farm-in at Pinjin Gold Project
Kalgoorlie Gold Mining has achieved a key milestone by completing its initial farm-in at the Pinjin Gold Project in Western Australia, securing a 75% interest in critical tenures, including those hosting the Kirgella Gift and Lighthorse discoveries. The a
Metal
02-06-2025
Alaska Energy Closes Financing for Exploration at Angliers-Belleterre Project in Canada
Alaska Energy Metals has successfully raised C$500,020 ($364,405) through a financing round to support exploration at its Angliers-Belleterre project in the Témiscamingue region of western Quebec, Canada. The funds were secured by issuing flow-
Metal
29-05-2025
South32 Receives ARENA Grant to Study Steam Electrification in Alumina Refining
The Australian Renewable Energy Agency (ARENA) has awarded A$4.4 million in funding to South32 for a pre-feasibility study on steam electrification at its Worsley Alumina Refinery in Western Australia. The initiative falls under the A$400 million Industri
Metal
29-05-2025
Chile’s SQM Misses Profit Estimates as Lithium Prices Remain Under Pressure
On Wednesday, SQM, the world’s second-largest lithium producer based in Chile, reported that its first-quarter profit for 2025 fell short of expectations due to an oversupply of lithium, a key material for electric vehicle batteries. The company
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Most views from Mining and Metailurgy
1
Chile Power Grid Flickers Back to Life After Huge Outage, Copper Mines Come back Online
2
LME Copper Races to All-Time Peak Above $11,200 a Ton
3
Indonesia to Levy Gold Export Duties From December 23
4
Saudi Arabia Launches Bidding for 13,000 Sq KM Mineral Exploration Licences
5
DRC Cobalt Export Conditions Tighten With New Quota and Royalty Rules
6
Chile Raises Mining Investment Forecast Through 2034 to $105 Billion
