Canada’s support for EV battery plants to cost 16% more than announced, watchdog finds
The total cost of government support for three projects is estimated to be C$43.6 billion over ten years.
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Rio Tinto to pay $28 million fine to settle US SEC fraud case
The defendants had been accused of deceiving investors about the value of Rio Tinto Coal Mozambique.
BHP train drivers to start ‘restrained’ industrial action on Friday
Worries about a strike had lent support to iron ore prices, which are trading at the highest levels since February.
Kremlin, facing diamond ban, says EU sanctions have ‘boomerang effect’
EU diplomatic sources said last week the proposal under discussion was to ban direct diamond imports from Russia from Jan. 1.
Union set to strike at Peru’s Las Bambas copper mine next week
The workers union said the strike would last 48 hours with the union demanding a better distribution of profits for workers.
Franco-Nevada cuts guidance on Cobre Panama mine woes
The Canadian firm has a streaming deal with First Quantum’s local unit Minera Panama covering the giant Cobre Panama copper mine.
Next-gen gas sensor technology proposed for industrial, medical settings
New organic–inorganic hybrid gas sensors have shown to be durable, selective, and highly sensitive.
Lucapa puts Merlin feasibility study on back burner
The diamond miner will focus on assessing a smaller scale, lower cost path to mine development amid weak market conditions.
First Quantum to halt Panama mine if blockade goes on
The Canadian miner said that without shipments arriving at Cobre Panama copper mine’s port, it will run out of supplies this week.
