Electra lines up $12M funding for Ontario cobalt refinery
Electra says the C$17.5 million from Invest Ontario would replace a previously arranged $20 million corporate investment.
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Freeport keeps Grasberg shut amid rescue operations
The company continues its efforts to rescue seven workers trapped underground earlier this week.
Abcourt pours first gold from historic Sleeping Giant mine
Company is targeting annual production of 30,000 oz. over a mine life of 5.8 years.
Brazil prosecutors call for halt on lithium mining in Minas Gerais
The National Mining Agency has 20 days to assess current permits and will not issue new ones until consultations are carried out.
Nickel price gains after Indonesia seizes part of giant mine
A government task force took control on Thursday of about 148 hectares of the operation owned by PT Weda Bay Nickel.
MMG’s $500M nickel deal with Anglo American faces EU doubts
The miner confirmed that EU antitrust officials raised concerns about its Chinese ownership but is confident the deal will clear.
Giant Imboo emerald leads Gemfields’ $32M auction comeback
The standout was the 11,685-carat 'Buffalo' emerald, which sold for an estimated $1.9 million, though the price wasn't revealed.
Lundin Gold announces leadership transition
CEO Ron Hochstein will step down after ten years, to be replaced by Jamie Beck, former CEO of Filo Corp.
Thai gold demand seen soaring as strong currency adds to allure
Gold demand, excluding central bank purchase, is set to climb 10% this year to 53.7 tons, according to the Thai Futures Exchange.
