US Strategic Metals secures additional $230m funding for Missouri-based cobalt-nickel mine
USSM is developing its cobalt-nickel mine and battery metals recycling facility in Missouri.
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Novo Resources forms JV with SQM on lithium-nickel exploration in Australia
SQM will pay Novo A$10 million for a 75% interest in five tenements held by Novo.
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition
The expanded reserves will feed higher current production, which was 17,316 oz. in the third quarter.
Nippon Steel agrees to buy US Steel for $14.1 billion
The deal caps months of uncertainty over the future of the iconic American company.
Panama rejects Orla Mining’s request for permit extension
The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether.
Burkina Faso replaces mining minister as gold output drops
Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022.
Russia considering waiving export duties for two Rusal smelters
Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods.
EU sets critical mineral goals, but faces struggle to hit them
The Critical Raw Materials Act, due to enter force in early 2024, says the bloc should mine 10% of its annual needs by 2030.
Vedanta Ltd declares second interim dividend for FY24
The dividend comes at a time when UK-based parent Vedanta Resources grapples with multiple rating downgrades.
