Fortescue ups stake in Candente Copper with $2.9m investment
The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.
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Rio Tinto has not given up on $2.4bn Serbian lithium project
Serbian Prime Minister Ana Brnabic said on Tuesday she does not see a chance of reviving Rio's $2.4 billion lithium project.
Ivanhoe Electric turns to Arizona for new headquarters
Ivanhoe Electric owns or holds stakes in nine electric metals developments across the US, including the Santa Cruz copper project in Arizona and its Tintic project in Utah.
Newmont’s Boddington mine safely hauls more than 100mt autonomously using Cat MineStar
The mine’s fleet today includes 36 Cat 793F autonomous and four 793D staffed mining trucks to haul material, and the conversion to AHS was one of the fastest in the industry.
Germany entirely dependent on imports for 14 critical raw materials – study
In the case of rare earths, Germany is more than 90% dependent on supplies from China.
GM will go to unusual lengths to secure EV battery minerals
Competition is becoming more fierce as supplies fall short of demand, forcing some automakers to change the way they source raw materials.
Las Bambas running out of storage space in threat to production
One of the world’s top copper mines is running out of storage space, raising the risk of slowing or halting production in another threat to global supply of the metal.
Cochilco cuts copper price projection for 2023 to $3.70/lb
The agency in July had estimated a copper price of $3.95 per pound in 2023.
UK’s largest money laundering prosecution heads for a retrial
Prosecutors said gold bars and grain were purchased using the laundered funds for ultimate export to Dubai.
