Umicore shares up as Canada offers subsidies for battery plant in Ontario The Canadian and Ontario governments pledged to grant the battery maker $715 million to support its cathode materials factory. Staff Writer | October 17, 2023 | 10:54 am
Royal Road pivots to Morocco with Saudi-backed copper-gold exploration The deal is being done through a 50-50 partnership with Saudi Arabian company MSB Holdings. Colin McClelland | October 17, 2023 | 10:26 am
Posco-backed group invests in lithium technology startup EnergyX EnergyX is building a DLE demonstration plant in Argentina's Salta province, near Posco's Sal de Oro project. Reuters | October 17, 2023 | 10:12 am
Teck faces $8 million fine for alleged breach of environmental permit in Chile It could face two "serious" charges around its Carmen de Andacollo copper-gold mine in Chile's central Coquimbo region. Staff Writer | October 17, 2023 | 10:04 am
Oroco shares rise on PEA for Santo Tomas copper project in Mexico Over an approximate 20-year mine life, the Santo Tomas project would have total payable copper production (in concentrate) of 4.75 billion lb. Staff Writer | October 17, 2023 | 9:37 am
Vale creates company to sell sand from iron ore tailings The company wants to reduce the disposal of such materials in dams or piles following major disasters. Reuters | October 17, 2023 | 7:43 am
Nigeria to require mining firms to invest in domestic processing Government wants to boost processing and refining of metals like lithium and zinc within the country. Reuters | October 17, 2023 | 7:38 am
Ancient nickel-eating microbes can teach us valuable biomining techniques – study Methanogens are ancient life forms that still exist today. They power their metabolism by breaking down rocks and minerals. Staff Writer | October 17, 2023 | 6:06 am
Rio Tinto cuts Canadian iron ore guidance The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July. Cecilia Jamasmie | October 17, 2023 | 5:30 am