Brazil’s CSN net profit drops 82% in Q3
The bottom line came in at 238 million reais, while its EBITDA fell 37% to 2.714 billion reais.
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Record central bank buying lifts global gold demand, WGC says
Buying by central banks in the third quarter took their purchases for the year to 673 tonnes, more than the total purchases in any full year since 1967.
Responsible Minerals Initiative cuts ITSCI from approved traceability list
ITSCI is a private sector scheme monitoring tin, tantalum and tungsten mines in Democratic Republic of Congo, Rwanda, and Burundi for human rights abuses.
Green energy transition, structural changes to sustain much higher rare earth prices
New report says China now imports half its heavy rare earths while demand from EVs, renewable energy is absorbing higher prices.
MKS PAMP, Breitling partner to promote responsible artisanal mining
Artisanal small-scale mining provides a livelihood to over 40 million people worldwide, which, for the gold mining sector, corresponds to about 20 million miners.
Breaking China’s grip on rare earths markets a ‘pipe dream,’ Australia says
“That’s a country that has seen this need coming and made the most of it,” Resources Minister Madeleine King told Bloomberg News in an interview.
BloombergNEF Pioneers competition seeks innovations in hydrogen, metals and materials
Applications are open until November 18.
Western Copper and Gold updates permitting for Casino project in Yukon
Western Copper has been in discussions with the YESAB on how to address changes in assessment methods, environmental base practices and enhancements to the Casino project.
Argonaut completes financing package for Magino gold mine
The company has arranged a term loan of $200 million and a revolving credit facility of $50 million for development and construction of an open pit and conventional mill.
