PwC to sell disaster-hit Eagle gold mine in Yukon
A PwC report from last year estimated the total value of Eagle’s assets at $600 million.
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Copper price: Chinese smelters ramp up exports, potentially squeezing home market too
Exports at these levels would bring renewed pressure and could potentially tip the Chinese market into backwardation as well.
Some Japan buyers agree to pay aluminum premium 41% below current level
The Japanese aluminum buyers agreed to pay a $108-per-metric-ton premium.
Prime Minister says Canada’s mines to help pay $110 billion NATO bill
Mark Carney said country can meet a steep expected increase in its NATO spending obligations spending partly by leaning on the country’s bounty of critical minerals.
China’s state-owned miner joins ‘gold rush’ to raise capital
Shandong Gold Group is the latest miner looking to cash in on the rally in gold. It is currently seeking to raise as much as $600 million in loans.
Valterra CEO has ‘positive’ outlook on PGM market despite volatility
With a valuation of £8.5 billion and assets spanning operations in South Africa and Zimbabwe, CEO Craig Miller says the company is positioned for sustainable growth.
Antofagasta celebrates 25 years of mining at Los Pelambres
As one of the largest copper mines in the world, Los Pelambres has produced more than 8.5 million tonnes of the industrial metal to date.
Gradiant to build lithium production plant in Pennsylvania’s Marcellus Shale Formation
The site, the company said, is the world’s first to extract, concentrate and convert lithium in a fully integrated, end-to-end process from oilfield produced water.
Buenaventura to begin gold production at San Gabriel project in November
Construction of the mine, located in the southern region of Moquegua, is 80% complete, its CEO said.
