Silver Lake submits revised bid for St Barbara’s Leonara assets St Barbara said earlier this month it would continue to back a bid of A$600 million from Genesis Minerals. Reuters | May 10, 2023 | 4:54 pm
Deadly Peru mine is partner in Switzerland’s efforts to clean up gold supply Top Swiss-based refiner Metalor is currently the mine’s only gold buyer, which shipped $363 million worth of gold to Switzerland since 2016. Bloomberg News | May 10, 2023 | 12:59 pm
Canada must increase mining investment to regain top production spot — MAC report "The Canadian Mining Story: Economic Impacts and Drivers for the Global Energy Transition," details how the sector contributed C$125 billion to the country's GDP in 2021. Staff Writer | May 10, 2023 | 10:56 am
Kinross Gold stock rises on Q1 earnings surprise Across the portfolio, all projects are on plan and met quarterly production targets, says Kinross. Staff Writer | May 10, 2023 | 10:32 am
Iron ore price rises on renewed hopes of China demand recovery Mysteel reported that six steel mills in North China's Shanxi province will resume production in the coming two weeks amid improved margins. MINING.COM Staff Writer | May 10, 2023 | 9:38 am
Indonesia became second largest cobalt producer in 2022 – Cobalt Institute The country accounted for almost 5% of global production of the battery material in 2022. Reuters | May 10, 2023 | 9:27 am
Polymetal asks shareholders to approve Kazakhstan move Re-domiciling is a "necessary and critical first step to preserve Polymetal's business continuity" the company says. Reuters | May 10, 2023 | 9:24 am
Gold price treads down as US CPI data bolsters case for ending rate hikes The marketplace realized that the CPI data is not all that bullish for gold, analyst says. Staff Writer | May 10, 2023 | 9:05 am
Column: Copper’s anticipated supply surplus is proving elusive Copper usage appears to be growing faster than previously forecasted, while mine supply is yet again failing to live up to expectations. Reuters | May 10, 2023 | 8:36 am