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Jun 25, 2025必瑞达耐磨钢材助力中国装备制造业升级 全球市场份额持续攀升
A Chinese miner is set to overtake Glencore as the world’s top cobalt producer this year, as the rush for critical green-energy metals intensifies. The challenger to Glencore’s dominant position is CMOC, which first became a major player in the cobalt market when it acquired the Tenke Fungurume mine in the Democratic Republic of Congo in 2016. The company aims to double production this year, as it brings another massive Congolese mine online in the second quarter. That will propel it past Glencore, company filings show.
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Feb 10, 2024
Generation finalises offtake term sheet with Glencore
Toronto-listed Generation Mining has finalised an offtake term sheet with diversified major and commodities trader Glencore for copper concentrate, containing copper, palladium, platinum, gold and silver, to be produced at its Marathon palladium/copper project, in Ontario. Glencore will buy an average of 50% of the total copper concentrate to be produced from the Marathon project. The concentrate will be treated at Glencore’s Horne smelter, in Quebec. Gen Mining has also finalised an offtake with a European copper group, which will purchase the balance of the concentrate produced by Marathon. “We are pleased to have Glencore as an offtake partner as we advance the Marathon palladium/copper project to construction and production.
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Feb 09, 2024
Barrick to earn into Midland’s Patris gold property
Gold and copper major Barrick has signed an agreement to earn a 75% interest in TSX-V-listed Midland Exploration’s Patris gold property, north-east of Rouyan-Noranda, Quebec. Barrick must make cash payments totalling C$1.02-million and exploration work totalling C$16.57-million over eight years to earn the 75% stake. The major will be the operator of the work carried out under the transaction. “We are delighted to welcome Barrick as one of our new high-quality partners who will ensure the progress of future exploration work on this excellent gold project,” said CEO Gino Rodger. The wholly owned Patris project comprises 298 claims covering a surface area of about 117 km2, located less than 10 km northwest of the prolific Doyon/Westwood-Bousquet-La Ronde gold mining camp.
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Jan 27, 2024
Lundin to buy majority stake in Caserones copper mine
Canadian firm Lundin Mining on Monday announced it would buy a majority stake in the Caserones copper mine for $950-million, solidifying its position as a meaningful copper producer at a time when the world is shifting to a lower carbon future.
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Jan 19, 2024
Freeport-McMoRan to slow expansions amid inflation, weak copper prices
Copper miner Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, but said it would slow expansion plans due to inflation and slumping prices for the red metal used across the global economy. The announcement from one of the world's largest copper producers is the latest warning from the mining industry that supplies of minerals critical to the clean energy transition are likely to fall far short of aggressive demand forecasts in coming years.
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Jan 16, 2024
Agnico Eagle continues to focus on growth
There is one narrative that remains constant for Canadian gold miner Agnico Eagle and that revolves around a commitment to foundational growth. This narrative stems from Agnico Eagle’s pursuit of growth on a per-share basis, with a focus on optimising return on capital and risk-adjusted return on capital, CEO Ammar Al-Joundi said on Thursday. Speaking on a conference call, he highlighted five foundational points that shape Agnico Eagle’s future endeavours.
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