Discovery-geared Collective Mining pries more porphyry secrets from Guayabales
Colombia-focused explorer has made four notable discoveries, including the Apollo high-grade porphyry system.
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UK’s first centre for rare earth magnet recycling to open in Birmingham
Scale-up and roll-out of technology first piloted at the University of Birmingham forms the basis for the UK’s first full scale remanufacturing facility for rare earth magnets.
Pace of build speeds up at Artemis’ Blackwater gold mine
The first gold pour is planned for the second half of 2024.
GoGold sets $413 million NPV for Los Ricos North project in Mexico
The PEA envisions a 13-year mine life producing 8.8 million oz. silver-equivalent annually.
New Tesla low-voltage system a ‘big deal’ for copper, says Musk
A new 48 volts system slated for this year could reduce demand for copper, says Tesla CEO.
De Beers mergers two auctions after sales disappoint
It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.
Gold price weighed down by Fed hawkish comments
The dollar’s jump, in part driven by Fed officials generally “leaning hawkish overall,” has been weighing on the metals markets, analyst says.
First Quantum launches $1 billion notes offering, stock rises
It will be used to repay existing loans and redeem previously issued notes.
Late backlash delays passage of new EU renewables targets
New law would see the EU raise the share of renewable energy in its overall consumption to at least 42.5% by 2030.