Stjepan Kalinic

Stjepan Kalinic

Benzinga Staff Writer

Canada Adds 3 New Minerals To Critical List For Economic, Energy Future
Canada expands critical minerals list to 34, aiming to strengthen economy & energy transition. Silicon, iron & phosphorus added. Tax credit & infrastructure fund in place.
Codelco Seeks Partner for Maricunga Lithium Project, Targeting 2030 Production
The Maricunga site is expected to supply a substantial amount of lithium — an essential metal in electric vehicle (EV) batteries.
Antofagasta Signs $600-Million Deal To Boost Water Supply For Centinela Expansion
Antofagasta took a critical step to ramp up sustainable mining production in a water-scarce region of Chile.
Copper Faces Pressure As Chinese Stockpiles Soar, Demand Weakens: Prices Slip Below $10,000 Per Ton
The Chinese economy's mixed data and record-high copper stockpiles have caused prices to slip below $10,000 per ton, despite a recent rally.
Gold Price Forecast Soars To $2,800 By 2025 On Market Shift: Analysts
UBS forecasts bullish trend for gold, predicting $2,800/oz by 2025. Drivers include macro uncertainty, increased allocations, and potential M&A activity.
Australia Orders China-Linked Investors To Divest From Rare Earths Miner Northern Minerals
Australian Treasurer Jim Chalmers ordered China-linked investors to divest from rare earths miner Northern Minerals to protect national interest.
Rio Tinto Invests $143M in Low-Emission Steel Research And Development
Rio Tinto invests $143 million in low-emission steelmaking research and development facility in Western Australia, targeting a 95% reduction in CO2 emissions.
Peru To Support Copper Expansion, Targets 4 Million Tons Of Annual Production
Peru aims for 4 million tons of annual copper production through Cerro Verde mine expansion and other projects. Sustainable mining supports economy.
Glencore Postpones Coal Spinoff Discussions Until Teck Deal Closes
The coal business has been one of Glencore's most profitable divisions, driving record returns in recent years.
Time Runs Out For BHP Deal: $49-Billion Acquisition Of Anglo American Proves Too Complex To Solve
After weeks of discussions, BHP fails to acquire Anglo American due to concerns over the fate of South African assets.
BHP Requests Extension Beyond 4 PM GMT Deadline to Finalize Anglo American Deal
BHP seeks extension for $50B takeover of Anglo American due to complex deal structure. Key shareholders support extension for mutually beneficial resolution.
GE Vernova Helps Secure $300M For Arafura's Rare Earth Project, Targets Stronger Supply Chain
EDC approves $300 million financing for Arafura's Nolans rare earths project, highlighting its geostrategic importance in global supply chain.
US Military Invests $15 Million in Canadian Mineral Projects To Secure Critical Resources
US military invests $15 million in Canadian mineral projects to reduce dependency on China for essential resources, citing national security concerns.
Adani Group Faces Fresh Allegations Over Mislabeling $360M Of Coal In Deals With State
The utility, Tamil Nadu Generation and Distribution Corporation, may have suffered losses of $720 million — half of it coming from Adani.
Equinox Pours First Gold At Geenstone: Billion-Dollar Acquisition 'Is Transformational,' Analyst Says
"We look forward to ramping up to commercial production in the third quarter of this year and delivering sustained value from the Greenstone mine for all our stakeholders," Equinox Gold CEO Greg Smith said.
BHP's Spinoff South32 Eyes Anglo American's Manganese Assets
South32, spun out of BHP Group in 2015, is interested in acquiring Anglo American's manganese assets. It is also seeking to diversify its portfolio.
Apple Supply Chain Includes 'Blood Minerals' From Congo: Lawyers
In an April notification to Apple CEO Tim Cook, the lawyers outlined concerns regarding this supply chain in the eastern DRC.  They allege that armed groups are mining conflict minerals, including tin, tantalum, tungsten, and gold.
BHP Achieves One-Week Extension After Launching Unsuccessful Third Bid For Anglo American
Nickel Crisis Fuels Unrest In New Caledonia, Pushes Prices Above $20,000 Per Ton
Concerns over supply disruptions from New Caledonia, combined with sanctions on Russian metal, have pushed prices above $20,000 per ton.
BHP's Acquisition Deadline Approaches As Anglo's $9B Project Faces Uncertainty