Idemitsu to take majority stake in Australian vanadium developer Vecco
Vecco is developing the Debella project in Queensland, focusing on a vanadium mine and an electrolyte plant for vanadium flow batteries.
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Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia
The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%.
India’s record gold import said to be due to calculation error
Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say.
Trump advisers urge ending environmental reviews for mines receiving US funds
Proposed US critical minerals projects have been in regulatory review for more than a decade.
Aluminum price falls to one-month low in wider commodity slump
The longer run trends are more bullish for aluminum, according to Commerzbank.
Torex Gold’s mining suspension in Mexico lifted
Torex's 2024 production forecast remains intact, with the company tracking towards the lower end of the 450,000-470,000 oz. guidance range.
Namibia investigates China’s Xinfeng for alleged illegal mining
Namibia’s Ministry of Mines and Energy is investigating Xinfeng for alleged illegal mining in the lithium-rich Erongo region.
Abaxx to launch nickel sulphate contract on January 10
The nickel sulphate contract will be priced in dollars and physically deliverable in Singapore.
Alrosa’s 2024 diamond output falls by 4.6%
The miner announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices.
