Filo private placement balloons 30% to $97.5 million
Proceeds will be used for its Filo del Sol copper-gold project in the San Juan region of Argentina.
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Mayfair reports 16% more gold, 8% better grade at Fenn-Gib
Compared to the resource update of October 2022, the new numbers represent a 16% increase in contained gold and an 8% increase in the grade in the indicated material.
Gold price gains in run-up to Fed policy decision
Markets are expecting the US central bank to keep interest rates unchanged following signs of slowing inflation.
Ghana plans to process its first lithium locally
Australian miner Atlantic Lithium expects to start production at Ghana’s first lithium mine in the second half of 2024.
Codelco CEO leaves as copper giant faces lithium role, output slump
Codelco’s production has dropped more than 11% to a 25-year low in 2023, despite investing about $3.5bn a year to revamp its aging mines.
Striking Newmont miners have funds to extend Mexico stoppage
About 2,000 unionized workers at the Peñasquito mine downed tools to push for clarification over profit-sharing terms.
Australia’s ANZ looks to expand lending to critical minerals sector
ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel.
India considers lithium mining royalty at 3% of LME price
The government is expected to auction a newly found lithium blocks, with estimated reserves of 5.9 million tonnes, later this year.
Zinc price jumps after Boliden suspends operations at Irish mine
The company said that it plans to lay off 650 workers at the Tara mine.
