Electric vehicles surpass phones as top driver of cobalt demand
The EV sector consumed 59,000 tonnes of cobalt in 2021, or 34% of total demand, according to a report by the Cobalt Institute.
Cecilia Jamasmie , Editor-in-Chief
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i-80 Gold to trade on New York Stock Exchange
CEO Ewan Downie says listing will provide enhanced access to the world’s biggest and most liquid equity market.
Excellon eyes new assets in Mexico ahead of Platosa closure
Excellon will wind down operations at Platosa in the third quarter of the year due to a series of challenges that have affected the mine.
Review board rejects Baffinland expansion plans in Nunavut
Federal northern affairs minister, has 90 days to either side with the review board or Baffinland Iron Mines.
Largest white diamond ever auctioned goes for $21.5 million
The egg-sized white diamond dubbed “The Rock” is said to be the largest of its kind to ever go under the hammer.
Condor Gold says La India “construction ready”
Definitive feasibility study for La India, which will provide a base for finance discussions, will come in the third quarter of the year.
Hochschild Mining earmarks $200m to build gold mine in Brazil
Posse gold mine is expected to produce 102,000 ounces of gold per year in the first four years, dropping to 84,000 ounces after that.
Arc Minerals inks multi-million JV deal with Anglo American
Anglo American will take 70% of the JV, which will explore for copper and cobalt in Zambia's base metals-rich northwestern province.
Newmont expects to pull trigger on $2bn Peru gold project mid-year
Newmont says the Yanacocha Sulfides project would extend the life of Latin America’s largest gold mine for "decades" beyond 2040.
Cameco, Orano up stake in Cigar Lake uranium mine
The uranium producers are buying Idemitsu Canada Resources’ 7.9% interest in the asset for about $144m.
US deploys AI agents to speed critical minerals recovery
AI-powered CICERO system cuts critical minerals recovery testing from years to days using robotics and automation.