Codelco to meet obligations as financials deteriorate
The world's largest copper producer will meet its financial obligations despite headwinds from operational problems and high levels of debt and investments, JPMorgan said.
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British Columbia gov’t rejects exploration permit application based on Indigenous opposition
The permit was for the Torr Metals' Latham copper-gold claim north of the Red Chris mine.
Canada sees China as less ‘dependable’ partner on critical minerals, minister says
Canada in 2022 asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers after a national security review.
Ontario Teachers’ bid for lithium stake on hold after lawsuit
Ontario Teachers’ Pension Plan was nearing a deal to buy a bundle of battery metals royalties from New York-based Orion Resource Partners.
China’s gold imports via Hong Kong bounce back in August
Net imports stood at 39.023 metric tons in August, up 51.4% from the previous month.
Czech tycoon backs Coronado’s coal expansion in Australia, US
Coronado has expansion options including developments in Queensland, Australia and at Mon Valley in southwest Pennsylvania.
Vale and Port of Açu sign deal for potential low-carbon iron ore complex
The plan is to develop a hot briquette iron plant that would make high iron content compact bricks to supply steel mills.
K92 extends Trafigura partnership with $100 million loan, longer offtake
The company expects first drawdown to occur in early to mid-Q4 2023.
Glencore bought at least 5,000t of Russian copper via Turkey – report
The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy’s Livorno port.
