Canada fleshes out details of Critical Minerals Strategy
A significant portion of the total funding - C$1.5 billion – is allocated over seven years for constructing infrastructure for critical minerals projects in remote areas.
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Canada places big bets on critical minerals
Remoteness, regulatory sclerosis still pose barriers to mine development in Canada, the federal government says.
Deutsche Bank seeks to re-join key gold trading club in London
Re-joining the LBMA doesn’t signal a change in strategy, but it may help Deutsche Bank expand its precious-metals business.
Endeavour Silver announces 600moz indicated resource for newly acquired Pitarrilla project
Endeavour acquired the Pitarrilla project from SSR Mining in July 2022 for total consideration of $70 million and a 1.25% net smelter returns royalty.
World Gold Council sees positive 2023 outlook for gold amidst global uncertainty
Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the WGC says.
Japan, Congo agree to cooperate on stable supply of rare metals
Mining companies and governments in Africa are also calling for stronger trade ties with the United States.
Extortion ‘mafia’ hits South Africa’s $55 billion mining sector
“The procurement mafia mobilizes the community for their own devices," said Paul Dunne, chief executive officer of Northam Platinum Holdings
US bid for battery metals has Africa blind spot
Inflation Reduction Act could impact Africa metal producers.
Anglo American cuts 2023 copper output target on poor Chilean ore grades
The company said production at its South African unit Kumba Iron Ore will be dented by poor rail capacity.
