Saudi’s PIF emerges as lead bidder for $2.5 billion Vale base metals stake Saudi Arabia's Public Investment Fund may strike the deal for a roughly 10% stake of Vale's nickel and copper operations. Staff Writer | June 20, 2023 | 10:11 am
Column: Zinc price slide claims first victim as Irish mine closes The closure of the Tara zinc mine in Ireland tells you how far the price of the galvanizing metal has fallen over the last year. Reuters | June 20, 2023 | 9:23 am
Rio Tinto to invest almost $1 billion in Kennecott copper mine The company said it will invest $498 million to develop an underground mine and infrastructure in an area known as the North Rim Skarn. Bloomberg News | June 20, 2023 | 8:59 am
Dynasty Gold extends length, grade of mineralization at Thundercloud in Ontario The 2023 drill program will focus on testing its lateral and vertical extensions as well as extending the Pelham zone. Staff Writer | June 20, 2023 | 8:42 am
Australia cautious on Chinese investment in vital lithium sector Chinese firms have already invested in lithium hydroxide refineries in Western Australia. Bloomberg News | June 20, 2023 | 8:30 am
LME cancelled nickel trades to ‘save’ Tsingshan, London court told Two financial firms are demanding a combined $472 million in damages. Reuters | June 20, 2023 | 8:23 am
Australia taps global partners in landmark critical minerals strategy The government will set up a new international program to attract investment linked to markets in the United States, the United Kingdom, Japan, Korea, India and the European Union. Reuters | June 20, 2023 | 8:19 am
Newmont postpones Peru mine investment decision by two more years The company will defer making an investment decision about its Yanacocha Sulfides expansion project. Reuters | June 20, 2023 | 8:16 am
Agnico update for Malartic gold complex extends life to 2042, notes resource growth Construction of the new mine is largely on track, with C$429 million spent from 2021 to June 2023. Staff Writer | June 20, 2023 | 7:56 am