Angola’s new diamond mine opens against backdrop of weak demand
Luele's resource contains an estimated 628 million carats of diamonds with a mine-life of 60 years.
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Foran Mining launches $146 million private placement
Proceeds will be used to support the exploration and development of its Saskatchewan-based mineral projects.
Bear Creek to kick off work at Peru silver project next year
Metallurgical tests at Corani will be completed in Q1 2024, after which the miner will resume financing discussions.
Iron ore price down as China warns of more market supervision
China's state planner said that it had conducted a survey on the price indices of several commodities.
Aluminum price climbs as Goldman sees larger supply deficit
The bank sees a global shortage of 1.23 million tons of primary metal next year, almost double the deficit in 2023.
Battery prices are falling again as raw material costs drop
Prices of key battery metals — especially lithium — have fallen dramatically since January.
Glencore’s Mutanda mine to produce less cobalt on ore depletion
The problem at Mutanda is shrinking oxide ore deposits on the surface.
Ivanhoe to start copper exploration in Angola
The Canadian miner has been granted exploration rights over an area the size of Switzerland for an initial period of five years.
