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.
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Mexico, US plan clean energy hub along border, AMLO says
Mexico is looking to build five large solar plants, to help remodel car factories for electric vehicles and produce batteries and semiconductors in the state of Sonora.
EV battery production faces supply chain, geopolitical headwinds – report
S&P Global also said soaring prices of critical battery metals threaten the profit margins of suppliers and automakers.
China shows the LME there are still buyers for Russian metal
More than half of the copper in LME warehouses -- much of which was of Russian origin -- has been ordered out for delivery in the past three weeks.
Sierra Metals receives merger proposal from Peru-based mining company
Kolpa currently operates the Huachocolpa Uno mine, an 1,800 t/d capacity underground polymetallic asset in the Huachocolpa region of Peru.
Zinc price hit lowest since March 2021 as factory data fuels concerns over steel demand
Zinc’s losses tracked a steep sell-off in iron ore and steel markets, as China’s economy shows few signs of a decisive recovery.
Japan looks 6,000 meters under the sea for rare earths to counter China
The government intends to start developing the methods necessary to extract the elements near the Ogasawara islands, according to the Yomiuri newspaper.
Ailing UK battery hopeful weighs survival options
Company backed by Glencore Plc has been at the heart of the UK’s ambition to build factories.
Saudi Arabia to auction five new mining exploration licenses in 2023
The government estimates the kingdom's unused mineral resources to be valued at $1.33-trillion.
