Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire
A new PEA gave the project a post-tax net present value of $257 million and an internal rate of return of 22.3%.
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US awards record $6bn to back industrial emissions reduction projects
The initiative, the single largest industrial decarbonization investment in US history, will subsidize 33 industrial projects in 20 states.
Goldman says commodities to gain as central banks cut rates
Among Goldman’s year-end forecasts, copper was seen at $10,000 a ton, aluminum at $2,600 a ton, and gold at $2,300 an ounce.
Cocoa is more expensive than copper as it tops $9,000
Futures are up about 50% this month alone and have more than doubled already this year.
China’s top miner says it ‘will be targeted’ amid US risks
Zijin Mining has warned that US-led efforts to tackle Beijing’s control of minerals could slow the company’s global expansion.
Researchers evaluate paths to create super diamonds
Super diamonds are scientifically known as eight-atom body-centred cubic crystals.
America’s lithium laws fail to keep pace with rapid development
Washington's drive to make the United States a major global lithium producer is being held back by a confusing mix of state regulations.
Gemfields loses sparkle as profit falls 86% on cancelled auction
The decline was partly due to unrealized fair value losses of $28 million from the company's stake in Sedibelo Resources.
Taseko to become sole owner of Gibraltar mine
It will pay $86m over a period of ten years for the remaining 12.5% of Canada's second largest open-pit copper mine.