Vale, BHP propose $238m DIP financing for Samarco Samarco's debt with Vale and BHP totals 23 billion reais, while bondholders are owed the equivalent of 26 billion reais. Reuters | June 15, 2021 | 2:48 pm
Early Tesla investor backs firm that tracks metals supply chain The startup uses artificial intelligence, blockchain and other technologies in its software platform. Bloomberg News | June 15, 2021 | 2:11 pm
Coeur invests $68 million in exploration for 2021 In the first four months of 2021, the company has completed 103,750 metres across the two projects. Canadian Mining Journal Staff | June 15, 2021 | 12:11 pm
Mexico says Canadian mine in Sinaloa on track to reopen A mine run by Americas Gold and Silver in the northern state of Sinaloa is on track to reopen after a longstanding labor dispute. Reuters | June 15, 2021 | 11:33 am
Cobalt ‘bubble’ will burst, Ivanhoe executive in Congo says The head of the chamber of mines in the DRC suggests investors focus instead on Congo’s copper. Bloomberg News | June 15, 2021 | 11:19 am
US tariffs on Chinese permanent magnets counterproductive – report President Biden to create Supply Chain Disruptions Task Force to address supply chain challenges MINING.com Editor | June 15, 2021 | 10:44 am
Fortune Bay expands Athona gold deposit in Saskatchewan Assay results confirm that the mineralization extends to the south and remains open. Canadian Mining Journal Staff | June 15, 2021 | 9:54 am
Volkswagen seeks partners for battery metals race Volkswagen aims to overtake Tesla as the global EV leader by the middle of the decade. Reuters | June 15, 2021 | 9:51 am
Alamos reports best hole to date at Island Gold Hole MH25-08 returned an uncut 71.21 g/t gold (39.24 g/t cut) over 21.3 metres. Canadian Mining Journal Staff | June 15, 2021 | 9:49 am