Cariboo gold project in British Columbia gets green lighted
The BC government notes that Cariboo was the first project to be approved under the new Environmental Assessment Act, which was updated in 2018.
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Panama cabinet approves modified contract with First Quantum
The approval comes after extended negotiations over regulations concerning the Cobre Panama copper mine, which accounts for about 4% of Panama's GDP.
Copper prices pressured by weak demand, sentiment, rising inventories — report
Fitch Solutions is revising down its 2023 average annual copper price forecast as US dollar strength and market fears of another US Fed rate hike places a cap on price growth.
Denison announces $55 million bought deal to fund Phoenix ISR operation
Part of the funds will be used for long lead items identified during the ongoing front-end engineering design process.
Billionaire Paolo Rocca has a plan B if Alpha Lithium bid fails
Tecpetrol SA is giving shareholders in Alpha Lithium until Oct. 20 to accept a “best and final offer” that’s worth $210 million to $230 million.
LME launches new collaboration with Shanghai Futures Exchange
"Our two venues have opened a new chapter of close cooperation and we intend to further deepen our collaboration in 2024," says LME CEO.
Teck to balance valuation with ‘execution risk’ in coal sale
Teck is weighing multiple potential deals for its steelmaking coal unit, as the company seeks to rebrand as a standalone metals producer.
Citi’s mega metals trade shows global markets turning to glut
In the last few months, Citi requested delivery of about 100,000 tons of aluminum and 40,000 tons of zinc — worth over $300 million.
Freeport seeks to extend permit for exporting Indonesian copper
Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.
