Congo annuls first gold refinery permit days before inauguration The plant, built by Congo Gold Raffinerie Sarl in the eastern city of Bukavu, has been in the works since 2019. Bloomberg News | July 26, 2023 | 11:35 am
US says it must work with Latin America more on key minerals The Biden administration has begun a push to diversify the US’ sources of important goods and materials and to reduce dependency on China. Bloomberg News | July 26, 2023 | 11:28 am
Pentagon seeks supply of chip mineral gallium after China curbs exports The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium. Bloomberg News | July 26, 2023 | 10:37 am
Mining is one of the most male-dominated industries. These CEOs want to change that While only 6.6% of Canada’s largest publicly traded companies have a woman CEO, several of the companies helmed by women are in the mining sector. Barbara Balfour - The Globe and Mail | July 26, 2023 | 10:31 am
Cochilco cuts 2023 copper price forecast to $3.85/lb The agency had previously set a forecast of $3.90 in May. Reuters | July 26, 2023 | 10:30 am
Li-FT’s first Yellowknife lithium drill assays impress Key results include 1.3% lithium oxide over 35 metres, including 1.58% over 27 metres. Henry Lazenby | July 26, 2023 | 10:12 am
Eramet says it secured $400 million lithium deal with Glencore Eramet said last month that Glencore was among parties to have expressed interest in helping finance its lithium production in Argentina. Reuters | July 26, 2023 | 9:50 am
First Quantum starts output at Africa’s biggest nickel mine The Enterprise mine is expected to ramp up annual production to 32,000 tons of nickel over the next two years. Bloomberg News | July 26, 2023 | 9:43 am
Foran Mining’s McIlvenna Bay project receives ministerial approval The copper-zinc-gold-silver project in Saskatchewan has a projected 18-year mine life, over which it could produce 65 million lb. of copper-equivalent annually. Staff Writer | July 26, 2023 | 9:31 am