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Mining and Metailurgy
India
India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke
Metal
25-04-2025
Victory Metals Secures $190M LOI From EXIM for North Stanmore Project
Australian exploration company Victory Metals has obtained a non-binding letter of interest (LOI) from the Export-Import Bank of the United States (EXIM) for up to $190 million in debt financing to support the development of its North Stanmore project in
Metal
25-04-2025
Vedanta Eyes US IPO to Develop Konkola Copper Mines in Zambia
UK-based Vedanta Resources, owned by Indian billionaire Anil Agarwal, is considering a public listing in the United States for its Zambian unit, Konkola Copper Mines (KCM), to raise approximately $1 billion for mine development, according to sources famil
Metal
24-04-2025
A Medium-Sized Gold Mine Has Been Discovered in China!
A significant gold deposit was recently discovered in the west Yemaquan mining area of Hami city, located in China’s Xinjiang Uygur autonomous region. The find marks a notable advancement in regional mineral exploration, with the mine containing
Metal
24-04-2025
Barrick to Divest Donlin Gold Project to NOVAGOLD, Paulson for $1BN
Canadian mining company Barrick Gold has agreed to sell its 50% stake in the Donlin Gold Project in Alaska, held through its subsidiary Barrick Gold US, to affiliates of Paulson Advisers and NOVAGOLD Resources for $1 billion (C$1.38 billion) in cash. The
Metal
02-05-2025
Chile Advances Lithium Contract Awards Process for Three Salt Flats
The Chilean government is advancing efforts to streamline the awarding of lithium contracts across three salt flats, as announced by the Mining Ministry in April 2025. The initiative aims to facilitate exploration and development of lithium resources in a
Metal
24-04-2025
China’s Alumina Exports Hit Near-Record Levels
In March 2025, China’s alumina exports reached their second-highest level ever, with 300,000 tonnes of the aluminium raw material shipped overseas, more than doubling the previous year’s figure, according to customs data. This surge is
Metal
23-04-2025
Coolbrook and Tenova Partner to Drive CO2-Free Metals Production
Finnish technology company Coolbrook has partnered with Tenova, a mining and metals solutions provider, to promote the adoption of Coolbrook’s RotoDynamic Heater (RDH) technology. This collaboration aims to replace fossil fuel use with electrici
Metal
23-04-2025
CMOC to Acquire Cangrejos Project Owner Lumina Gold for $420M
CMOC Singapore, a subsidiary of China-based CMOC Group, has agreed to acquire Lumina Gold, a Canadian company, in a deal valued at approximately C$581 million ($420 million). The transaction focuses on Lumina Gold’s Cangrejos gold project in El
Metal
23-04-2025
Cosmo Metals Acquires Bingara and Nundle Projects in NSW, Australia
Cosmo Metals, an Australian Securities Exchange-listed company focused on gold and base metals exploration, has acquired the Bingara and Nundle gold-antimony and copper exploration projects in the New England Orogen, New South Wales, Australia. Spanning 7
Metal
01-05-2025
Macro Secures Mining Services Contract for Iron Ore Project in WA
Macro Metals has revealed that its subsidiary, Macro Mining Services (MMS), has secured a mining services contract from RE:GROUP for the Extension Iron Ore Project in Western Australia’s Eastern Pilbara region. The project, owned by Project Rust
Metal
23-04-2025
India Imposes Temporary Steel Import Tariff to Protect Domestic Manufacturers
India’s Ministry of Finance has introduced a temporary 12% safeguard duty on specific steel imports to address the surge of low-cost steel entering the market. The measure, effective for 200 days starting Monday, may be revised, extended, or rev
Metal
23-04-2025
JP Morgan See Gold Prices Crossing $4,000/Oz by Q2 2026
JP Morgan forecasts gold prices to surpass $4,000 per ounce by the second quarter of 2026, with an average of $3,675 per ounce expected by the fourth quarter of 2025. This projection, outlined in a note released on Tuesday, reflects increased demand drive
Metal
01-05-2025
Russia Invests $13.4bn in Baimskaya Copper Mine
Russian state bank VEB has committed over Rbs1.1 trillion ($13.4 billion) to develop the Baimskaya copper mine in the Chukotka region, located in Russia’s far east. The project encompasses a mine, a processing plant, and essential infrastructure
Metal
22-04-2025
US Fast-Tracks Permitting for Ten Critical Mineral Mining Projects
The White House has announced the acceleration of permitting for ten mining projects across the United States to boost the production of critical minerals. These projects have been designated as FAST-41 initiatives, a federal program aimed at streamlining
Metal
22-04-2025
Genmin Signs MoU With Sinohydro for Baniaka Iron Ore Project in Gabon
Genmin, an African iron ore producer, has entered into a binding memorandum of understanding (MoU) with Sinohydro to advance its fully owned Baniaka iron ore project in Gabon. The agreement supports the project’s development through engineering,
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Most views from Mining and Metailurgy
1
LME Copper Races to All-Time Peak Above $11,200 a Ton
2
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3
UK Has No Immediate Plans for Critical Minerals Price Floor, Minister Says
4
Codelco and Glencore Agree to Partner on Chilean Smelter Project
5
Geomet Receives Czech State Grant for Cinovec Lithium Project
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China’s Zijin Plans Lithium Production in Congo From Early 2026
