MP Materials’ adjusted profit beats; rare earths prices sag
The Las Vegas-based company posted a net loss for the period ended Sept. 30 of $4.3 million.
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Appian acquires mineral sands land package in Virginia
Firm plans plans to de-risk and restart the mining operations, with the refurbishment of two existing mineral concentrator plants.
Lithium producers stay bullish on EVs despite growing headwinds
A basket of prices for lithium tracked by Benchmark Mineral Intelligence has dropped more than 60% this year.
De Beers agrees five-year wage deal with S.African union
The agreement also allows for participation in Anglo American employee share ownership plans.
Denison ends recovered solution management at Phoenix, decommissions field test
While the field test ran, the company recovered 14,400 lb. of uranium oxide (U3O8) in solution during the leaching and neutralization phases.
Barrick CEO says focused on organic growth, dismisses interest in First Quantum
"For me M&A is an ad hoc opportunity to create value," CEO Mark Bristow told Reuters.
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in the $7 billion copper project, says Mark Bristow.
Nutrien misses quarterly profit estimates as potash prices plummet
During Q3, potash prices averaged $250 per tonne, in stark contrast to the $633 per tonne recorded a year earlier.
Kamoa-Kakula confirmed as world’s lowest carbon-emitting major copper mine
On a Scope 1 and 2 basis, Kamoa-Kakula's GHG emissions intensity in 2022 was 0.16 equivalent tonnes of carbon dioxide per tonne of contained copper produced.
