China is drilling a 10,000-meter-deep hole into the Earth
Drilling for what is set to be China’s deepest ever borehole began in the country’s oil-rich Xinjiang region on Tuesday.
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Congo halts ERG’s copper project after waste leakage
The suspension is the latest sign of strained relations between copper miners and the Congolese government.
Congo-UAE gold export deal raises ‘great concerns’
A 25-year deal published this week by the Congolese government hands a little-known UAE firm exclusive rights to export artisanal gold at preferential rates.
GM, POSCO Future M to boost investment at Canada battery materials plant
The new investment in their Ultium CAM plant will be used to set up additional facilities for local on-site processing of critical minerals.
Gold’s Fedspeak pullback
Gold’s latest pullback in May short-circuiting strong seasonals frustrated plenty of traders.
Copper price rises as China’s factory activity accelerates
The Chinese manufacturing activity unexpectedly swung to growth in May.
St Barbara backs Genesis bid for Leonora despite revised Silver Lake offer
Providing Silver Lake with access to due diligence would potentially expose St Barbara to a termination of the binding deal with Genesis, it said.
Iron ore price up on China stimulus hopes
Market commentators continue to speculate about China rolling out additional stimulus to support its economic recovery.
Filo Mining upsizes private placement, shares rise
The company has decided to increase the placement from C$100 million to C$130 million due to strong demand.
