- Trump tariffs would drive up metals costs for manufacturers. READ MORE
- US steelmakers back Trump tariffs against Canada, Mexico, China. READ MORE
- Copper miners doubt Mexico will seek full open-pit ban, sparing current projects. READ MORE
- This is how you support our industry. READ MORE
- Vedanta Resources to invest $2B in Saudi Arabian copper projects. READ MORE
- On the heels of Newmont announces sale of Musselwhite for up to $850 Million, Newmont announces agreement for sale of Éléonore for $795 Million in Cash. READ MORE
- Sayona Mining Ltd. and Piedmont Lithium Inc. agreed to merge in a deal valued at $215.1 million. Closing is expected in the first half of 2025, and the merger will create the largest hard rock lithium producer in North America. READ MORE
- McEwen Copper Inc. is seeking investors to raise $2.5 billion to build the Los Azules copper mine in Argentina and aims to start construction planning around late 2025, Reuters reported, citing Michael Meding, the company's vice president. McEwen Copper has a 46.4% interest in the project, Dutch carmaker Stellantis NV owns 18.3%, Rio Tinto Group subsidiary Nuton LLC owns 17.2%, and the remaining 18.0% is held by private interests. READ MORE
- Amaroq Minerals Ltd. completed the first gold pour at its Nalunaq mine in Greenland on Nov. 27. The company aims to complete phase two commissioning of the operation in the second quarter of 2025, with the plant ramping up to nameplate capacity in the fourth quarter of 2025. READ MORE
- Residents in the municipality of Crowsnest Pass, Alberta, voted to support the development of the Grassy Mountain coal mine after regulators blocked the proposed operation in 2021. READ MORE
- El Salvador President Nayib Bukele expressed support for gold mining and proposed to end a 2017 ban on mining in the country. Bukele said the country's unmined gold could help "transform El Salvador," the Associated Press reported. READ MORE
- Anglo American PLC will sell its Australian steelmaking coal mines to Peabody Energy Corp. for up to US$3.78 billion. The acquisition will transform Peabody "into a leading global seaborne metallurgical coal producer with Tier 1 mines near the world's strongest steel markets," the company said, noting that about 80% of the mines' output is hard coking coal. The assets have an average mine life of more than 20 years, with 306 MMt of marketable reserves and an additional 1.7 billion metric tons of coal resources. They are projected to produce about 11.3 million metric tons of primarily hard coking coal in 2026. READ MORE
- The Democratic Republic of Congo's state-owned mining company, Gécamines SA, offered to pay $1 million for the cobalt and copper assets of debt-laden local miner Chemaf Group Ltd., Reuters reported, citing two sources familiar with the matter. Gécamines' offer is part of Congo's efforts to counter China's growing influence in its mining industry. Congo's government previously blocked the sale of Chemaf's assets to Norin Mining Ltd., a subsidiary of China North Industries Corp. Ltd. (Norinco). As part of its bid, Gécamines plans to settle Chemaf's debts, worth $900 million to $1 billion, following an audit, the report said. READ MORE
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