Hedge fund hunts for next Australia lithium winner on deal craze An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management. Bloomberg News | October 24, 2023 | 1:23 pm
Teck to re-do environmental permit for Quebrada Blanca expansion in Chile Once submitted, the revised application will tack on around 12 months to the overall regulatory process. Reuters | October 24, 2023 | 12:24 pm
Cochilco says large-scale copper mining costs keep growing The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found. Reuters | October 24, 2023 | 11:25 am
Wesdome drills 64 g/t gold along western extension at Eagle River mine Guidance for Eagle River this year is 80,000 to 90,000 oz. of gold. Staff Writer | October 24, 2023 | 10:41 am
Teck stock drops to seven-month low on rising cost of flagship copper mine The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion. Bloomberg News | October 24, 2023 | 10:31 am
Nigeria seeks to tighten rules to curb raw mineral exports The country has lithium, gold, bitumen and iron ore deposits and is intent on emulating nations such as Indonesia in climbing up the commodities value chain. Bloomberg News | October 24, 2023 | 10:13 am
Botswana’s ODC halts diamond sales as industry seeks to reduce glut ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana. Reuters | October 24, 2023 | 10:01 am
Amplats Q3 refined PGM output down 9%, maintains production guidance The world's biggest platinum miner by value produced 909,700 ounces of refined PGMs in the three months to Sept. 30. Reuters | October 24, 2023 | 9:53 am
Anglo American lowers 2023 copper production guidance Anglo expects to produce between 830,000 and 870,000 metric tons of copper this year, lowering a previous forecast of 840,000 to 930,000. Reuters | October 24, 2023 | 9:46 am