Tartisan releases positive PEA for Kenbridge underground nickel mine Its after-tax net present value, using a 5% discount rate, is estimated at C$109 million, with an internal rate of return of 20%. Staff Writer | July 12, 2022 | 10:57 am
Gold price steadies near nine-month low as dollar rally powers on Investors concerned about the prospect of a global economic downturn have turned in droves to the greenback. Bloomberg News | July 12, 2022 | 10:32 am
VW of America teams with Redwood on EV battery recycling VW is the latest carmaker to partner with Redwood, which has forged similar alliances with Toyota, Ford and Volvo Cars. Reuters | July 12, 2022 | 10:25 am
Zambia seeks out-of-court resolution to Vedanta dispute A Vedanta spokesman said the mines minister's comments are a "welcome development". Reuters | July 12, 2022 | 10:20 am
Fossil fuel deals aren’t worth it for banks, climate group says For 22 leading global banks, the multi-million dollar revenues from arranging bond sales for coal, oil and gas companies pale in comparison to the climate impact of their emissions profile. Bloomberg News | July 12, 2022 | 7:37 am
China’s imports of key commodities set to make a patchy recovery on growing mobility Among metals, copper imports are expected to post a modest pickup even though demand remains sluggish. Bloomberg News | July 12, 2022 | 7:28 am
Goldman goes cold on copper price Metal is now 40% below the bank’s analysts' expectations. MINING.COM Staff Writer | July 12, 2022 | 7:16 am
Sigma Lithium’s project in Brazil to benefit from new rules The 25%-ready Grota do Cirilo lithium project will not be constrained by quotas so Sigma will mine the north and south pits simultaneously. Cecilia Jamasmie | July 12, 2022 | 6:58 am
Worst of global energy crisis may still be ahead, IEA says The whole energy system is in turmoil following the February invasion of Ukraine by Russia. Bloomberg News | July 12, 2022 | 6:57 am