Copper price advances as metals get help from Fed comments and China Risk assets are getting a boost from some less hawkish Federal Reserve commentary, and from moves by China to bolster its sinking stock market. Bloomberg News | October 12, 2023 | 2:37 pm
Northern Graphite releases estimate for Mousseau resources Measured and indicated resources are estimated at 2.8 million tonnes grading 7.908% graphite. Staff Writer | October 12, 2023 | 1:44 pm
Raising capital now biggest risk to mining companies after ESG The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey. Frik Els | October 12, 2023 | 1:26 pm
Newcrest investors strongly approve $17 billion Newmont takeover The proposed deal is the third largest ever involving an Australian company. Reuters | October 12, 2023 | 1:19 pm
Rio Tinto builds solar power plant at Kennecott copper operation in Utah The 12,800 solar panel power plant will enable Kennecott to reduce its operational emissions by 3,000 tonnes of carbon dioxide equivalent per year. Staff Writer | October 12, 2023 | 12:08 pm
US steps up efforts to access Africa’s critical minerals Last month, the US government approved $150 million of funding for a graphite project in Mozambique. Bloomberg News | October 12, 2023 | 10:07 am
Ex-Glencore CEO contender sets out to build a Chinese trading giant After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group. Bloomberg News | October 12, 2023 | 10:00 am
Orion invests $17 million into South Dakota-focused gold explorer Orion has also agreed to provide up to $300 million in financing support for Dakota Gold. Staff Writer | October 12, 2023 | 9:37 am
Adani Group inflated coal import price between 2019 and 2021 — Financial Times According to FT, Adani utilized offshore intermediaries to import $5 billion worth of coal, with prices at times exceeding double the market rate. Staff Writer | October 12, 2023 | 9:34 am