Nexa Resources sells Peru copper asset for up to $29 million
Nexa said the buyer, Canada’s Olympic Precious Metals, will initially pay $4.3 million, with rest subject to milestones being met.
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Citi says US election risk to contain metals prices for now
Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.
Gold price holds gain as rate cut hopes rise before US payrolls data
Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021.
Mesabi Metallics claims court victory in antitrust case over Minnesota iron ore project
In the antitrust suit, Mesabi alleges that Cleveland-Cliffs unlawfully impeded it from building its iron ore mine and pelletizing plant in Minnesota.
Chile’s Corfo to issue tender for projects that make lithium products
The chosen companies will have access to lithium at a preferential price produced by Albemarle.
Nippon Steel seeks to address concerns on US Steel deal
Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts.
Australian Pacific produces first coal in 17 years at Dartbrook mine
The mine, in the Hunter Valley region, was placed on care and maintenance in late 2006 because of operational difficulties and lower coal prices.
Alamos tables high-return Puerto Del Aire mine plan
Alamos Gold’s (TSX: AGI; NYSE: AGI) development plan for its Puerto Del Aire (PDA) high-grade underground gold project in northwest Mexico boasts […]
Thesis Gold boosts investment return at Lawyers-Ranch project in BC
The now-merged adjacent projects near Dease Lake in northern BC has an after-tax net present value just shy of C$1.3 billion.
