Anglo-Teck deal hinges on troubled copper mine in Chile
Quebrada Blanca is at the heart of one of the mining industry’s most ambitious combinations.
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Northern Graphite to raise $1.6M for feasibility study
Northern Graphite’s goal is to break ground as soon as possible to ensure a continuous flow of material.
Bolivia raises $589 million against future gold deliveries
The newest operations have helped Bolivia avoid default.
Canada names gas plant, port, mines as major projects to be sped up
Among the five projects is a plan to double production of liquefied natural gas at the Shell-led LNG plant in BC.
Gold price surpasses inflation-adjusted record high set in 1980
Factoring in decades of consumer price increases, the new record price equates to about $3,590 an ounce.
China’s steel mills squeezed as demand shows signs of softening
The ratio of China’s steel rebar futures in Shanghai to Dalian iron ore contracts dropped to the lowest level since 2020.
Ontario invests $45M for Ring of Fire road access
Minister Greg Rickford announced investment to kick-start construction of the “corridor to prosperity.”
ERG settles with Gecamines over DRC Swanmines project
The dispute had led to the development of some copper and cobalt deposits in Congo being suspended.
India explores rare earth supply deal with Myanmar rebel group
Myanmar’s Kachin state in the north is among the world’s few sources of heavy rare earths.
