Teck says Elkview outage to cost 1.5 million tonnes in coal production
The Elkview steelmaking coal mine will remain halted for one to two months due to a structural failure of the plant feed conveyor belt.
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Gold Fields confident investors will back $7 billion Yamana deal
“There hasn’t been a major exodus of our top shareholders,” CEO Chris Griffith says.
Rio Tinto CEO says copper outlook ‘challenged’ in near term
Copper prices are down more than 20% this year as covid-related shutdowns in China, surging power prices in Europe and ongoing inflation in the U.S. and elsewhere hurt demand.
Tesla battery fire at PG&E site shuts iconic California highway
California’s largest utility said the fire involved a single Tesla Megapack, and it was working with firefighters to keep the blaze from spreading.
Ivanhoe Electric confirms Cu-Au mineralization below former Mammoth mine
"We continue to be astounded by the high-grade mineral potential of the Tintic district," said chairman Robert Friedland.
Perpetua Resources gets DOD funding to study antimony production from Stibnite gold project
Company to evaluate whether antimony from its project in Idaho can meet military specifications to help secure America’s defense and commercial ammunition supply chain.
Russia aluminum giant weighs selling directly on London Metal Exchange
Rusal isn’t under Western sanctions but it’s nonetheless being hit as some big consumers in Europe.
China’s spending on Russian energy climbs to record $8.3 billion
The haul for August was 68% higher than a year ago and included a record amount of coal.
GoviEx Uranium feasibility projects 19 year life, $343 million capex for Madaouela in Niger
Project has one of the world’s largest uranium resources, with 100 million lb. of U3O8 in measured and indicated mineral resources, plus inferred resources of 20 million pounds.
