Epiroc to purchase key assets in Australian mining equipment manufacturer Assets include intellectual property as well as two production facilities near Perth and two service centers in Queensland and South Australia. Epiroc | May 17, 2023 | 12:45 pm
Discovery-geared Collective Mining pries more porphyry secrets from Guayabales Colombia-focused explorer has made four notable discoveries, including the Apollo high-grade porphyry system. Henry Lazenby | May 17, 2023 | 12:03 pm
UK’s first centre for rare earth magnet recycling to open in Birmingham Scale-up and roll-out of technology first piloted at the University of Birmingham forms the basis for the UK’s first full scale remanufacturing facility for rare earth magnets. Staff Writer | May 17, 2023 | 11:53 am
Pace of build speeds up at Artemis’ Blackwater gold mine The first gold pour is planned for the second half of 2024. Staff Writer | May 17, 2023 | 11:48 am
GoGold sets $413 million NPV for Los Ricos North project in Mexico The PEA envisions a 13-year mine life producing 8.8 million oz. silver-equivalent annually. Staff Writer | May 17, 2023 | 11:41 am
New Tesla low-voltage system a ‘big deal’ for copper, says Musk A new 48 volts system slated for this year could reduce demand for copper, says Tesla CEO. Bruno Venditti | May 17, 2023 | 11:28 am
De Beers mergers two auctions after sales disappoint It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022. Staff Writer | May 17, 2023 | 11:03 am
Gold price weighed down by Fed hawkish comments The dollar’s jump, in part driven by Fed officials generally “leaning hawkish overall,” has been weighing on the metals markets, analyst says. Staff Writer | May 17, 2023 | 9:48 am
First Quantum launches $1 billion notes offering, stock rises It will be used to repay existing loans and redeem previously issued notes. Staff Writer | May 17, 2023 | 8:57 am