US says it must work with Latin America more on key minerals
The Biden administration has begun a push to diversify the US’ sources of important goods and materials and to reduce dependency on China.
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Pentagon seeks supply of chip mineral gallium after China curbs exports
The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium.
Mining is one of the most male-dominated industries. These CEOs want to change that
While only 6.6% of Canada’s largest publicly traded companies have a woman CEO, several of the companies helmed by women are in the mining sector.
Cochilco cuts 2023 copper price forecast to $3.85/lb
The agency had previously set a forecast of $3.90 in May.
Li-FT’s first Yellowknife lithium drill assays impress
Key results include 1.3% lithium oxide over 35 metres, including 1.58% over 27 metres.
Eramet says it secured $400 million lithium deal with Glencore
Eramet said last month that Glencore was among parties to have expressed interest in helping finance its lithium production in Argentina.
First Quantum starts output at Africa’s biggest nickel mine
The Enterprise mine is expected to ramp up annual production to 32,000 tons of nickel over the next two years.
Foran Mining’s McIlvenna Bay project receives ministerial approval
The copper-zinc-gold-silver project in Saskatchewan has a projected 18-year mine life, over which it could produce 65 million lb. of copper-equivalent annually.
Polyus closes books on $6.4bn share buyback early
A Polyus representative said a large shareholder had submitted a bid to sell part of its stake and that a large number of retail investors had participated.
