Empty iron ore ships switch to coal to survive China’s slump
Cargo ships suffering from weak Chinese demand for iron ore are finding coal a more lucrative alternative.
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BHP shareholders vote against resolution to lobby Australian government on climate
The resolution called on BHP to proactively advocate for Australian policy settings that are consistent with the Paris Agreement's objective of limiting global warming to 1.5°C.
Petra Diamonds’ Tanzania mine ops suspended for three months
A wall of the tailings storage facility at the site was breached earlier this week.
Li-ion battery market to reach $430bn by 2033
According to IDTechEx, electric cars and transportation will represent the largest market.
Triple Flag to buy Maverix Metals, creating fourth largest streaming and royalty firm
The combined company will have 29 paying assets and 228 assets overall, located in Australia, Latin America and North America.
Cameco restarts production at McArthur River/Key Lake following four-year shutdown
Mine and mill are expected to produce up to 2 million pounds (100% basis) of uranium concentrate in 2022.
Nouveau Monde Graphite raises $50 million from three backers
Nouveau Monde intends to use the funds to update the July 2022 feasibility study for its phase 2 commercial integrated operation.
Argonaut raises C$15 million for Magino gold exploration
Development is underway with the second quarter of 2023 the target for first gold production.
Silver joining copper in upcoming supply crunch
The stocks of silver held by the London Bullion Market Association and the Comex, in New York, are thinning out.
