China-backed JV to develop giant Simandou north iron ore deposit in Guinea
Guinea’s Societe Miniere de Boke (SMB) and Singapore’s Winning International Group offered $14 billion to build a mine and related infrastructure.
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Condor Gold losses narrow as flagship La India project moves forward
The company raised about $5.2m in the three months to Sep. 30 by way of a private placement of new ordinary shares.
Lithium producers hit by first big downturn of electric vehicle era
Global supply currently exceeds demand by about 5, according to Canaccord data.
Power Ore creates 3D model of former Perry mine at Opemiska
The mine produced about 9 million tonnes of ore at grades of 2.16% copper and 0.14 g/t gold.
First Cobalt seeks government backing to restart Canadian refinery
The plant, located about 373 miles from the US border in Cobalt, Ontario, would be the sole North American producer of refined cobalt for the electric vehicle market.
Suncor speeds digital transformation with Microsoft alliance
Suncor will move towards cloud-based computing with Microsoft Azure as a preferred cloud platform.
Laurion finds fifth new discovery in CRK zone at Ishkoday
The best gold value was 7.15 g/t over 0.33 metre.
Hudbay Q3 results on track to meet 2019 guidance
Company wide Q3 copper production came in at 36,422 tonnes with an additional 28,639 tonnes of zinc as well as 41,500 oz. of gold equivalent ounces.
Cobalt hydroxide price up 55% in three months
Chinese imports of cobalt hydroxide also up 28% in September quarter, but Benchmark says its not a fundamental uptick.