US finalizes $2.5 billion loan to GM, LG battery joint venture The loan will help finance construction of new lithium-ion manufacturing facilities in Ohio, Tennessee and Michigan. Reuters | December 12, 2022 | 12:29 pm
Peru keeps churning out copper and zinc despite political chaos The only case of mining disruptions is at MMG’s Las Bambas, where a pre-existing community conflict has blocked the main entrance. Bloomberg News | December 12, 2022 | 11:50 am
Ascot arranges $146m financing package for construction of Premier gold project The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC. Staff Writer | December 12, 2022 | 11:36 am
Northam Platinum raises cash part of RB Platinum bid The maximum cash value of the offer now stands at 17 billion rand, up from 10 billion rand. Reuters | December 12, 2022 | 10:11 am
Gold price slips ahead of US inflation data, Fed decision Data on Friday showed US producer prices rose slightly more than expected in November, reinforcing the view that the Fed may have to keep interest rates high. Staff Writer | December 12, 2022 | 9:35 am
Metalla adds Barrick’s Lama project to royalty portfolio Total consideration will be $7.5 million in common shares and cash. Staff Writer | December 12, 2022 | 9:15 am
Peru community blocks key mining highway amid protests Peruvian community members blocked a key mining corridor highway near the city of Cusco amid protests against the country's new president. Reuters | December 12, 2022 | 8:17 am
Copper price retreats on China demand worries Covid-19 symptoms are spreading rapidly in China after authorities began dismantling stringent measures against the disease. MINING.COM Staff Writer | December 12, 2022 | 8:11 am
US scientists make breakthrough in nuclear fusion energy Scientists in California have made a key breakthrough with the potential to transform the global energy landscape. Bloomberg News | December 12, 2022 | 7:47 am