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Exclusive-Trump administration to back US minerals projects with $500 million in grants
3+ week, 3+ day ago (430+ words) By Ernest Scheyder and Jarrett Renshaw Aug 20 (Reuters) – The U.S. Department of Energy is awarding $500 million in grants to seven companies building domestic lithium, cobalt and other mineral and battery projects, the latest in a string of investments aimed at…...
Hidden crypto farm in Mexican mountains puts spotlight on cartel funding
1+ day, 8+ hour ago (710+ words) By Sarah Morland and Daniel Becerril TLAOLA, Mexico, Sept 12 (Reuters) – Nestled in the lush green mountains of Central Mexico, next to a sparsely traveled gravel road, few people had reason to wander close enough to hear the loud, mechanical whirring…...
Glencore’s planned Australian debut draws interest as investors look past coal
3+ week, 5+ day ago (629+ words) MELBOURNE, Aug 18 (Reuters) – Glencore could leap into top market indices within six months of listing in Australia as fund managers’ copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said following briefings on the listing. Glencore, the…...
Congo extends state control over mining with bid to lock down geological data
5+ day, 14+ hour ago (1206+ words) By Maxwell Akalaare Adombila DAKAR, Sept 8 (Reuters) – Democratic Republic of Congo plans to tighten control over geological data that guides billions of dollars in mining exploration, potentially extending state influence over the development of future mineral discoveries. The country is…...
Greater regulatory scrutiny no bar to mining mergers, bosses say
3+ week, 4+ day ago (560+ words) LONDON, Aug 19 (Reuters) – Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical backdrop, but they do not see the…...
Exclusive-Lynas Rare Earths says it was in takeover talks earlier this year
1+ week, 4+ day ago (123+ words) MELBOURNE, Sept 2 (Reuters) – Australian miner Lynas Rare Earths was in takeover talks earlier this year but the discussions did not proceed, a spokesperson said on Wednesday. “The discussions earlier this year had a high level of uncertainty and did not…...
Australia’s BHP, unions fail to reach wage deal
3+ week, 5+ day ago (169+ words) Aug 18 (Reuters) – BHP Ports Unions said on Tuesday that it had failed to reach an agreement with BHP on a wage deal for workers at Port Hedland in Western Australia. The parties said they will meet again on August 25, a…...
BHP, union talks for Port Hedland iron ore workers to stretch on into next week
5+ day, 13+ hour ago (239+ words) MELBOURNE, Sept 8 (Reuters) – Talks between BHP and unions representing workers at the mining giant’s Port Hedland iron ore operations in Western Australia ended without a deal, with further negotiations scheduled for next week, the parties said on Tuesday. The three…...
Australian Indigenous group appeals compensation ruling over Fortescue’s mining impact
2+ week, 4+ day ago (459+ words) MELBOURNE, Aug 26 (Reuters) – Australia’s Yindjibarndi Indigenous group said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded against Fortescue for mining on their lands without an agreement since 2012. The Yindjibarndi people brought…...
Exclusive-Canadian miner NexGen Energy holds talks with BHP as it seeks $1 billion for uranium project
3+ week, 6+ day ago (535+ words) By Divya Rajagopal and Melanie Burton ATHABASCA BASIN, Saskatchewan/MELBOURNE, Aug 17 (Reuters) – Canadian uranium miner NexGen Energy is sharing information and “talking regularly” with mining giant BHP, about its Rook I mining project in Saskatchewan, CEO Leigh Curyer told Reuters…...