International Energy Agency predicts fossil fuel demand decline after 2030 “The ‘Golden Age of Gas’, a term coined by the IEA in 2011, is nearing an end,” the outlook declares. Nelson Bennett - Business in Vancouver | October 24, 2023 | 4:33 pm
British Columbia court fines former mining exec $22,000 for environmental violations A court ruling in July found that former CEO Benjamin Mossman was “actively or passively involved” in the Yellow Giant mine exceeding permitted amounts of zinc on multiple occasions. Staff Writer | October 24, 2023 | 3:03 pm
Biden-backed battery firm plunges after pausing construction Li-Cycle shares fell as much as 49% in New York on Monday. Bloomberg News | October 24, 2023 | 2:46 pm
Grupo Mexico posts boost in Q3 profit amid strong sales Revenue for the major global copper producer during the July-to-September period rose 17%. Reuters | October 24, 2023 | 2:30 pm
Hedge fund hunts for next Australia lithium winner on deal craze An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management. Bloomberg News | October 24, 2023 | 1:23 pm
Teck to re-do environmental permit for Quebrada Blanca expansion in Chile Once submitted, the revised application will tack on around 12 months to the overall regulatory process. Reuters | October 24, 2023 | 12:24 pm
Cochilco says large-scale copper mining costs keep growing The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found. Reuters | October 24, 2023 | 11:25 am
Wesdome drills 64 g/t gold along western extension at Eagle River mine Guidance for Eagle River this year is 80,000 to 90,000 oz. of gold. Staff Writer | October 24, 2023 | 10:41 am
Teck stock drops to seven-month low on rising cost of flagship copper mine The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion. Bloomberg News | October 24, 2023 | 10:31 am