European Lithium says Luxembourg’s GEM to fund $125m for Austrian mine
Proceeds will be used to fund the development of the Wolfsberg lithium project in Austria.
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Chile copper production at main mines down in May
Copper output from Escondida fell 21.5% to 83,900 metric tons.
US says it opposes export controls by China on metals, will consult allies
The United States "firmly" opposes export controls announced by China on gallium and germanium, a US Commerce Department spokesperson said.
Gold price could hit $12,000-$15,000 long term as it enters new bull phase, says analyst
We are still in the early days of the gold bull market, according to those at Goehring & Rozencwajg.
What are gallium and germanium? Niche metals hit by China curbs
Excluding China, other countries with gallium production capacity include Russia and Ukraine.
World’s biggest nuclear power plant being planned in Canada
The Ontario government said Bruce Power will conduct an environmental assessment of adding as much as 4.8 gigawatts of capacity to its plant.
Huayou commissions $300 million Zimbabwe lithium plant
The Arcadia plant took nine months to construct and started exporting concentrates in April.
These are the world’s most valuable gold mines in development
In a recent report, Metals Focus ranked the top most valuable gold development projects, using its proprietary five-year gold and silver price forecasts for NPV calculations.
Codelco says 2023 copper production further hurt by heavy rains
The total production for the year is set to be in the lower estimated range of 1.35-1.42 million metric tons.
