Global uranium production to increase 11.7% in 2024 — report
The production rise will predominantly come from key producers Kazakhstan and Canada, says GlobalData.
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Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Research shows that Canada’s eight largest pension funds hold some $2.1 trillion in assets but only a quarter was invested in the country.
Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake
ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America.
Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine
Operations were halted in 2017 when a claim brought by a human rights group alleged local Indigenous people’s right of consultation were violated in advance of granting the mining license.
Russian metals aluminum, nickel escape new US sanctions
Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%.
Hudbay Minerals shares rise on record revenue for 2023
The miner reported record annual revenue of $1.69 billion.
Some Australian ports reopen with cyclone to miss iron ore hub
Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority.
Column: Funds amass record bear bets on zinc as LME stocks jump
Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside.
Montage Gold gains on Lundin-backed financing
Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024.