US gives Electra $20 million to build cobalt plant The funds will support construction of a cobalt sulfate facility in Ontario that will be North America’s only refinery. Bloomberg News | August 19, 2024 | 1:08 pm
VIDEO: There’s a “disconnect between junior equity prices and the gold price” — Gold Fields CEO CEO Mark Fraser said one of the challenges in the sector is that junior developers are not seeing real value of the gold price reflected in their equities. Staff Writer | August 19, 2024 | 11:22 am
Want to capitalize on all-time high gold price? You could be in business by 2040! Financial markets and the mining industry have lost all touch. Frik Els | August 19, 2024 | 11:09 am
Teck Coal fined for unauthorized waste disposals in British Columbia The Teck coal unit was fined close to C$221,000 for nearly 30 cases of environmental breaches in southeastern BC. Staff Writer | August 19, 2024 | 10:59 am
Chinese copper exports fall from record as local demand rebounds Exports of unwrought copper and products fell 40% from June to 140,940 tons, according to customs data on Sunday. Bloomberg News | August 19, 2024 | 9:59 am
Ivanhoe Electric’s Saudi JV begins drilling first target In November 2023, the JV kicked off its exploration campaign on 48,500 km2 of land on the Arabian Shield. Staff Writer | August 19, 2024 | 9:43 am
Ivanhoe’s giant Kamoa-Kakula hits stage 3 commercial copper production in Congo The production milestone further solidifies Kamoa-Kakula’s status. Blair McBride - The Northern Miner | August 19, 2024 | 8:40 am
Union at BHP’s Escondida copper mine signs new deal, ending risk of strike Earlier, the union had sent a memo to members warning it might re-start the strike if the company did not "rectify its position" over contract talks. Reuters | August 19, 2024 | 8:33 am
Thungela may consider steelmaking coal in hunt for new assets The thermal coal producer bought Ensham mine in Australia last year to diversify from South Africa. Reuters | August 19, 2024 | 8:24 am