US says billionaire Gertler’s royalties must go to Congo for sanctions deal
A senior White House adviser said lifting that punishment is necessary to open up the assets to new investments that support US interests.
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Founders Metals surges to new high on Antino drill results
The new results are highlighted by another high-grade interval of 6 metres at 5.31 g/t gold.
Vale to open new copper-nickel mine in Ontario
The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury.
Copper prices, output drive Grupo Mexico profit jump
Copper production during the quarter totaled 270,747 metric tons, up 4.7% from a year earlier.
Anglo American shrinks trading unit as part of major restructuring
The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.
Gold price slips as traders absorb Biden withdrawal from US election
Spot bullion traded just under $2,400 an ounce, erasing earlier gains.
Avalon reports drill results of up to 1.95% Li2O at Ontario project
The current resource estimate for the Big Whopper deposit includes 10.08 million tonnes of measured and indicated resources at 1.35% Li2O.
BHP’s potash mine in Canada now 50% ready
BHP is halfway through completing its massive Jansen potash mine in Saskatchewan, with first production expected in 2026.
High returns lure wealthy investors to fund coal as banks exit
Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.
