Financial industry groups raise concern on LME’s OTC trade plans The LME wants its members to transact OTC trades of up to 10 lots, equivalent to 250 tonnes of copper, on its Select trading system. Reuters | February 5, 2025 | 2:51 pm
Gold dealers sell BOE bullion at discount in tariff turmoil Dealers are quoting prices for gold at the BOE at discounts of more than $5 an ounce below spot in London. Bloomberg News | February 5, 2025 | 2:41 pm
Mining Indaba: Industry demands sweeping overhaul to revive South African mining Miners are calling for sweeping changes to modernize regulations, streamline licensing and upgrade critical infrastructure. Henry Lazenby - The Northern Miner | February 5, 2025 | 2:16 pm
AME JV video: Industry backers give ‘stamp of approval’ to Westhaven Gold in BC Company is preparing to release an updated PEA at the end of this month for its main Shovelnose project on the Spences Bridge gold belt. Northern Miner Staff | February 5, 2025 | 1:53 pm
Fleet Space wins Moon to Mars grant to develop off-world gravity sensing tech Grant will help assess subsurface structures, landing site selection, rover navigation, infrastructure planning, and potential resource estimation. Staff Writer | February 5, 2025 | 12:57 pm
UK’s largest lithium extraction facility gets go-ahead Once scaled to commercial production, the facility in Durham will have a production target of at least 10,000 tonnes a year. Staff Writer | February 5, 2025 | 12:46 pm
AME JV video: Empress Royalty looks to expand portfolio Empress has about $20 million available to deploy into new opportunities, CEO says. Northern Miner Staff | February 5, 2025 | 12:04 pm
AME JV video: Arca pilots new carbon capture tech at BHP mine Arca’s pilot project aims to capture CO2 from the air and permanently store it in mineral tailings. Northern Miner Staff | February 5, 2025 | 12:00 pm
Russians’ hunt to shield savings pushes gold purchases to record Consumers purchased 2.7 million ounces of bullion, coins and jewelery in 2024, the fifth biggest figure among all nations. Bloomberg News | February 5, 2025 | 10:27 am