Nova Scotia to showcase mining investment opportunities in virtual conference The show, which will focus on precious and critical minerals, will run on the mornings of April 29 and 30 via Zoom. Mining Association of Nova Scotia | April 24, 2024 | 2:00 am
World’s biggest energy traders are returning to metals markets Vitol, Gunvor and Mercuria Energy are among the traders building out their metals teams, as they look to deploy capital generated by record profits. Bloomberg News | April 24, 2024 | 1:23 am
OceanaGold prices $106 million IPO of Philippine unit OceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines. Reuters | April 24, 2024 | 12:39 am
China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional The Chinese gold miner last week increased its offer to A$0.68 per share from A$0.58. Reuters | April 24, 2024 | 12:22 am
MinRes stalls lithium growth, awaits higher prices Prices have tanked around 85% over the past 18 months to bottom in the quarter to March 31. Reuters | April 24, 2024 | 12:19 am
First Quantum Minerals cuts debt by over $1bn in first quarter The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt. Reuters | April 23, 2024 | 7:05 pm
Gold’s record-setting rally may have its roots in Chinese frenzy Several prominent figures in the global gold market are coming to the conclusion that the major new driving force is a legion of fleet-footed retail investors on the Shanghai Futures Exchange. Bloomberg News | April 23, 2024 | 5:11 pm
Five Eyes countries working to fight critical minerals dumping, Canada minister says Alliance partners are working on putting forward a response to tackle the price manipulation of critical metals. Reuters | April 23, 2024 | 4:52 pm
ESG Watch: Why climate change is leaving mining firms between a rock and a hard place By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%. Reuters | April 23, 2024 | 4:40 pm