Indonesia anti-monopoly body to investigate nickel smelters
Indonesia's mining ministry is revising a rule that governs the domestic price of nickel ore to ensure smelters follow government benchmark prices.
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Zimbabwe to enforce “use it or lose it” policy for mining assets
Zimbabwe will vigorously enforce a policy to force companies to develop their mining assets and not keep the land for speculative purposes.
Forum to sell interest in Fir Island project to Orano
The subsidiary of French nuclear energy company Orano wants to acquire a 70% interest in the uranium project.
TSX-V greenlights Aftermath’s purchase of silver project in Chile
The Canadian miner signed a purchase agreement with Mandalay Resources.
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.
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.