Category: Latest Mining News

The global zinc market is facing a sizeable supply deficit in 2024 as a raw materials squeeze forces smelters to reduce production of refined metal.

Gold Rim Exploration Inc. is embarking on an expansion of their project at Brucejack, British Columbia after positive test drill results were returned in May.

Demand for silver has skyrocketed in recent years, and supply hasn’t been able to keep up.

Rio Tinto (ASX: RIO) said on Thursday that it has completed the Phase 1 of the A21 underground expansion at its Diavik diamond mine in Canada’s Northwest Territories, and is now moving into commercial production.

Vale (NYSE: VALE) is considering a potential public listing for its base metals unit by the end of 2026, according to the chair of Vale Base Metals (VBM), Mark Cutifani.

Canada’s increased government funding and protectionism are boosting outlooks compared with rising geopolitical risks in foreign countries, according to a new KPMG survey of industry executives.

Copper rose to a two-month high to cap a strong week for metals, helped by the Federal Reserve’s half-point rate cut.

India must tighten checks on transactions involving precious metals and stones as several of these deals are conducted in cash and fall outside the purview of typical monitoring procedures, according to a global anti-money-laundering watchdog.

Zambia’s biggest mines are turning to a surprising power source as the copper-producing nation battles an unprecedented energy crisis: South African electricity company Eskom Holdings SOC Ltd., which until March faced its own severe deficit.

Bolivia state-owned Yacimientos de Litio Boliviano (YLB) has inked a deal with Russia’s Uranium One Group to build a $976 million direct lithium extraction (DLE) facility in the country’s vast Salar de Uyuni.

American Creek Resources (TSXV: AMK) has firmed up its proposed sale to privately held Cunningham Mining Ltd. in an arm’s-length, all-cash deal valued at C$207 million ($152 million) with the signing of a definitive agreement dated September 5.

The head of Chile’s Corfo development agency said on Thursday he will launch a call for bids for projects making lithium products while accessing a preferential price “as soon as possible,” following a previous delay.