Winsome Resources steps up to buy Power Metals stake from China’s Sinomine
Winsome will pay C$2 million for Sinomine’s interest in Power Metals, which holds the Case Lake project in Ontario.
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Gold mid-tiers’ Q3 2022 fundamentals
With gold starting to run again, the mid-tier and junior gold miners’ stocks in their sector’s sweet spot for upside potential are increasingly surging.
HSBC resigns as LME member after exiting industrial metals
The bank was a small player in industrial metals, but told Reuters in July 2020 that returns were too low to justify continuing the business.
Chile copper production up 1.4% in October – Cochilco
Production from state-owned giant Codelco fell 5.8% on a yearly basis to 135,800 tonnes.
Biden’s climate bill is a put option on automakers’ big EV bets
EVs are still expensive and take more market share almost entirely in premium and luxury segments of the US market.
Roscan secures royalty financing from Osisko Gold; stock rises
Osisko could acquire up to a 2% NSR royalty on the Kandiolé project for total consideration of C$10 million.
Pebble CEO criticizes US EPA veto suggestion
"Massive regulatory overreach."
Jokowi points to Taiwan, South Korea as models in rebuke of West
As part of his efforts to bolster growth in Indonesia, Joko Widodo has placed temporary bans on exports of raw materials like nickel ore.
Mining people: Anglo American, Valhalla Metals, Plamina, Vital Battery Metals
Key moves in the mining sector.