Teck Resources may raise value of Zafranal copper project in Peru to over $2 billion
The facility is expected to produce at least 1.5 million tonnes of copper over about 19 years.
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Newmont’s finance chief to step down
Nancy Buese will be succeeded by Brian Tabolt on an interim basis.
Peru targets local lithium battery production, official says
Peru currently produces no lithium and no country in Latin America produces lithium batteries at a commercial scale even if they do mine lithium.
Alrosa discovers 22 new diamond deposits in Zimbabwe
Alrosa will only be allowed to work on two of the diamond deposits, while the rest will be made available to other investors.
Copper Mountain nearly doubles BC mine resource to 1.1 billion tonnes
Incorporating the updated reserve base, the Copper Mountain mine plan has been extended to 32 years with the 65,000 t/d expansion commencing in 2028.
CATL plans $1.9 billion battery project in China’s Luoyang city
Construction of the project will take up to three years, CATL said.
Gold price rallies as dollar pulls back
Spot gold climbed 1.7% as the US dollar retreated after scaling a new two-decade high.
Anglo coal spinoff looks cheap against peers after 1,300% surge
Thungela Resources has soared more than 1,300% since the South African coal miner was carved out of Anglo American last year.
Sasol to announce green hydrogen deals with local miners soon
Sasol will start producing 3.5 tonnes per day of green hydrogen from its Sasolburg plant in South Africa in the second half of 2023.