November 10, 2023

Graphic: Surpluses on the horizon, but output cuts to help buoy nickel price

Sizeable output cuts will help shore up nickel prices, which are likely to have reached a bottom after a year-long slide.

November 10, 2023

Vale to sell 14% stake in Indonesia unit

Vale’s current operation permit in Indonesia expires at the end of 2025 and divesting its shares is necessary to have it renewed.

November 8, 2023

The Metals Company returns to seafloor test mining site to assess ecosystem

TMC is sending a team back to NORI-D, the site of last year’s work, as it continues its environmental studies in preparation for commercial mining.

November 7, 2023

What green energy transition? Half of mining still exploring for gold

New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.

November 6, 2023

Battery metals lose luster as surge in supply outpaces demand

The lower metal prices are providing some cost relief to automakers and could lead to cheaper EVs.

November 6, 2023

Indonesia approves 38 of 84 requests for 2023 mining quota revision

Miners had faced delays in obtaining revisions due to an ongoing investigation into illegal nickel mining.

November 3, 2023

Antofagasta’s Twin Metals appeals dismissed lawsuit over Minnesota copper-nickel project

Company said it has spent more than 13 years in northeast Minnesota conducting extensive environmental, engineering, exploration, hydrogeological and community engagement work.  

November 3, 2023

Mineral Resources ups stake in lithium miner Azure Minerals

Azure, which is developing the Andover lithium and nickel-copper-cobalt project in Western Australia, continues to attract investment.

November 2, 2023

Bears bet big that nickel can close the product gap

Fund players have lifted their bets on lower prices to levels last seen in 2019.

November 1, 2023

Ottawa outlines eligibility for companies seeking C$1.5bn in critical minerals infrastructure funding

Natural Resources Canada announced projects eligible to apply for the new Critical Minerals Infrastructure Fund include clean energy and transportation projects that support critical minerals mines.