Ivanhoe Electric buys private land by copper project in Arizona The company is saying it will buy 6,205 acres of private land by its Santa Cruz copper project near Casa Grande, Arizona. MINING.COM Editor | May 11, 2023 | 9:35 am
Aurubis raises annual profit forecast on strong demand The company has managed energy costs through forward-hedging. Reuters | May 11, 2023 | 9:27 am
Mining People: Workplace Safety North, Spanish Mountain, Artemis Gold, Marimaca Copper Key moves in the mining sector. Staff Writer | May 11, 2023 | 9:04 am
Copper price at six month low on weak China inflation data China’s consumer prices rose at the slowest pace in more than two years in April. MINING.COM Staff Writer | May 11, 2023 | 8:47 am
China’s weak industrial recovery is weighing on coal consumption Key industrial users of the fuel including steel mills and cement plants are demanding more discounts on coal purchases to help cover losses. Bloomberg News | May 11, 2023 | 8:23 am
China’s GEM to build a $500m joint nickel project in Indonesia The project, sited in Indonesia Morowali Industrial Park, will produce 20,000 tonnes per year of nickel. Reuters | May 11, 2023 | 8:18 am
Head of new lithium giant building supply chain for Americas “America-centric is a big differentiator for us with customers, with investors,” said Livent CEO Paul Graves. Bloomberg News | May 11, 2023 | 7:57 am
Sprott backs Seabridge Gold with $150 million KSM smelter royalty The KSM project is the world’s largest undeveloped gold-copper project, when measured by resources. Staff Writer | May 11, 2023 | 6:52 am
Scientists find two different types of water in lithium-rich salt flats US-based researchers have characterized for the first time two types of surface water in the hyperarid salars that contain much of the world’s lithium deposits. Staff Writer | May 11, 2023 | 6:08 am