Cobalt market saw record-breaking supply boom in 2022 Mined cobalt supply grew by 23% to 187,060 tons in 2022, in a supply swell that wiped out a large deficit seen in 2021. Bloomberg News | March 6, 2023 | 4:45 pm
Rio Tinto settles US bribery case linked to Simandou mine Allegations related to the company’s efforts to retain valuable mining rights in Guinea in 2011. Bloomberg News | March 6, 2023 | 4:11 pm
BHP CEO says he is optimistic about Chinese economy this year BHP last month reported a steeper-than-expected 32% fall in first-half profit. Reuters | March 6, 2023 | 3:26 pm
Battery metals projects catch eye of pension funds and carmakers The rush for metals needed to power electric vehicles has “clearly brought the sector into a spotlight that it wasn’t in a few years ago,” BMO analyst says. Bloomberg News | March 6, 2023 | 2:14 pm
NioCorp stock rallies on $800 million funding interest for Elk Creek critical minerals project NioCorp is developing what would be North America’s only advanced materials manufacturing facility for producing niobium, scandium and titanium. Staff Writer | March 6, 2023 | 2:03 pm
Teck, UBC announce $2.9m investment for tailings management research and education A new professorship will aim to strengthen the pipeline of skilled engineers to work in tailings management immediately after graduating. Staff Writer | March 6, 2023 | 1:29 pm
Metals catch a chill as Beijing shies away from major stimulus Commodities from copper to iron ore fell after China set a cautious economic growth target of about 5% for the year. Bloomberg News | March 6, 2023 | 1:02 pm
Codelco looking to get delayed project back on track The Chilean state-owned firm had envisaged turning its mainly underground Salvador mine into an open pit by first half of 2023. Bloomberg News | March 6, 2023 | 11:10 am
Canada says working to ease permitting process for mining companies Canada is working toward easing permitting process for mining companies so that the permitting does not take several years. Reuters | March 6, 2023 | 10:36 am