Copper price bounces back on Evergrande deal
The main property unit of the Chinese real estate giant announced a deal over a $35.9 million bond interest payment due on Thursday.
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Nevada Gold Mines enters earn-in on Ridgeline’s Swift gold project
The Swift project is a district-scale land package located in the Cortez district.
Iron ore price back above $100 after Evergrande debt deal
Iron ore will come under more pressure, falling to $80 to $90 a tonne heading into next year, said UBS Group.
South Africa studying court judgment that parts of mining charter unconstitutional
Mining industry body the Minerals Council had criticised several clauses in the 2018 charter including that miners must procure 70% of goods and 80% of services from Black-owned companies.
Lake Resources partners with US cleantech on Argentina lithium project
The Kachi lithium brine project is expected to produce 25,500 tonnes a year from 2024 with possible expansion to 50,000 tonnes.
China vows to end funding for overseas coal power plants
China has been under the pressure from the US and other G-7 nations to halt its overseas support of coal power plants.
How lithium can be efficiently extracted from oil and gas wastewater
Calculations show that a single week’s worth of water from hydraulic fracturing in Texas’ Eagle Ford Shale has the potential to produce enough lithium for 300 EV batteries, or 1.7 million smartphones
Peru seeks to redraft legal framework for mining industry, minister says
The energy and mines minister said he wants to revise the law that regulates the use of mining royalties.
25-year chart shows mining stocks chronically undervalued to gold price
If the gold price stays stable, gold stock valuations would have to double to bring it in line with historical average since the early 1990s.