Orion looks to offload another 8.3% stake in Capstone Copper
Upon closing of the secondary offering, Orion would beneficially own approximately 12.0% of Capstone's share capital.
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Mining People: Atacama, Atex, Cabral Gold, Karus, Palamina, Flying Nickel
Key moves in the mining sector.
Lithium’s role in ‘clean’ ammonia production reimagined
US-based researchers updated an ammonia production process to make it greener and economically feasible.
Gold bulls eye more record highs despite lightning gains
Gold's record high at $2,305.04 an ounce hit on Thursday amounts to a gain of 12% since the start of the year.
Zambia’s copper output may rise to 1mt by 2026 as mines expand
Output from Africa's second-largest producer slumped to 698,000 tons in 2023 from 763,000 tons the previous year.
Zimbabwe launches “gold-backed” currency to replace dollar
The new currency, ZiG, will be supported by a combination of foreign currencies, gold and other precious metals.
Stanmore Resources secures full control of Eagle Downs
Stanmore had acquired the first 50% of Eagle Downs metallurgical coal project from South32 in early February.
Graphite’s war-fighting capabilities
Natural graphite and aluminium are the materials most commonly used across military applications and are also subject to considerable supply security risks.
Teck reports Q1 steelmaking coal sales of 5.9mt
Results in line with the lower end of its forecast of 5.9 million tonnes to 6.3 million tonnes.