Chinese lithium firms take over copycat Nigeria refinery project A joint venture between Canmax Technologies and Jiangxi Jiuling last year took a controlling interest in Ganfeng Lithium Industry. Bloomberg News | February 12, 2025 | 9:49 am
Ivanhoe Electric raises $60M to fund Arizona copper project Ivanhoe said it will use the funds to complete the ongoing prefeasibility work for the Santa Cruz project. Staff Writer | February 12, 2025 | 9:41 am
McEwen Copper requests major tax breaks for Los Azules mine in Argentina McEwen plans to invest $2.7 billion in the Los Azules mine. Reuters | February 12, 2025 | 9:14 am
China tightens rules on new copper smelters to curb overcapacity China has tightened requirements for building new copper smelters, in its latest attempt to curb relentless capacity expansion. Bloomberg News | February 12, 2025 | 8:19 am
Lithium stocks drop as CATL’s refinery restart weighs on prices The refinery reopening should be negative for lithium sector share prices, and the spot price, analysts said. Bloomberg News | February 12, 2025 | 8:13 am
South Korea’s mint halts gold bar sales as supply tightens The move comes as traders worldwide rush to deliver bullion to the US ahead of potential tariffs on the metal. Bloomberg News | February 12, 2025 | 8:00 am
Founders doubles share value after Suriname project strides The company recently announced a C$30 million bought deal financing to fund its Antino gold project. Blair McBride - The Northern Miner | February 12, 2025 | 7:20 am
Ukrainian graphite mine hopes for Trump deal, but say returns won’t be instant Trump seeks $500 billion in Ukraine minerals deal. Reuters | February 12, 2025 | 7:05 am
Evolution Mining hits over four-year high after profit beats estimates The company said it is on track to deliver its fiscal year 2025 production forecast of 710,000-780,000 ounces of gold. Reuters | February 12, 2025 | 7:00 am