China’s Lygend Resources aims nearly $600m in Hong Kong IPO
Lygend plans to use 56% of the proceeds for the development and construction of nickel production projects on Indonesia's Obi Island.
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Platinum deficit expected in 2023 after bumper surpluses, WPIC says
Use by auto makers would rise and investors would flip from net sellers to net buyers, pushing demand in 2023 up 19% to 7.77 million ounces, the Council said.
ABB raises $209m from selling stake in EV charging business
The private placement of shares was led by investors with links to Swedish furniture giant IKEA and car dealership chain AMAG.
Newmont announces $120m water treatment plant at Porcupine operations in Ontario
The plant is to be completed by the end of this year and become operational in 2023.
WIM100: Women in Mining UK names global top 100
The 2022 WIM100 was chosen from 915 nominations for 491 women from 61 countries.
Panoro drill results find expansion potential at Cotabambas
According to Panoro, the results are confirming the interpretations in the current exploration model, indicating the potential to expand the resource at depth and along strike.
Column: The bulls are back in charge of iron ore prices
Iron ore prices are gathering steam as confidence over the outlook for China's steel demand increases.
Alcoa backs Rusal’s call for LME to reveal origin of all metal stocks
Rusal has called for the LME to start regularly disclosing the origin of all metal stocks on warrant rather than singling out Russian metal.
Copper price drops below $8,000 on new China covid curbs
"Hopes of a rapid reopening in China have been disappointing," said Julius Baer analyst Carsten Menke.
