World’s best-performing big IPO is about to get an extra boost PT Amman Mineral climbed as much as 2.5% to a record high after MSCI announced it will be added to its global standard indexes. Bloomberg News | November 15, 2023 | 10:10 am
Skeena says Eskay Creek FS has $1.5bn after-tax value, 43% return In the first five years of operations, the new project will produce 455,000 oz. of gold annually. Staff Writer | November 15, 2023 | 10:09 am
Hong Kong ousts Dubai as biggest hub for Russian gold trade The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market. Bloomberg News | November 15, 2023 | 10:01 am
Managem says water at cobalt mine safe, denies report on arsenic contamination BMW sources a fifth of its cobalt supplies from Morocco. Reuters | November 15, 2023 | 9:19 am
Iron ore price back above $130 on China stimulus Beijing plans to provide at least $137 billion in low-cost financing to the nation’s urban village renovation and affordable housing programs. Staff Writer | November 15, 2023 | 9:15 am
Antofagasta’s 2024 payment offer for copper processing below $75 Falling TC/RCs are due to expectations of tight concentrate supplies and new processing capacity. Reuters | November 15, 2023 | 9:10 am
Atlantic Lithium shuns takeover by major African shareholder In a budget speech on Wednesday, Ghana's finance minister said the project is expected to be a major contributor to the country's gross domestic product. Staff Writer | November 15, 2023 | 8:56 am
Sigma Lithium shares jump as it posts first quarterly profit The miner reported revenue of $97 million in Q3, marking the company’s first revenue-generating quarter. Staff Writer | November 15, 2023 | 8:29 am
EU makes deal to boost domestic supply of key raw materials The deal includes regulations covering 34 critical raw materials vital to the clean-tech transition. Bloomberg News | November 15, 2023 | 7:56 am