Mexican mining sector balks at plan to ban open-pit mines
The industry says such a move would be disastrous for the sector, which fuels 2.5% of gross domestic product.
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France offers loan to New Caledonia nickel firm Prony to avert collapse
Prony Resources is one of three nickel processors in the French territory that face insolvency as high costs and political tensions have hit profitability.
Barrick’s Thornton moves from executive chairman to chairman
John Thornton, an ex-investment banker from Goldman Sachs, joined Barrick in 2012 as a director under founder Peter Munk.
Hecla’s 2023 silver production the second highest in history, more growth expected
Silver reserves by year-end, totalling 238 million oz., were also its second-largest ever.
BHP considers closing Western Australia nickel operations amid price decline
Nickel prices fell 40% in the last year as Indonesian supply jumped.
Vedanta’s parent sells $209 million stake
Saddled with $6.4 billion in outstanding debt, Vedanta has been attempting to shore up its finances.
Stanford researchers figure out how to reduce Li-metal battery degradation
Resting is important – particularly for lithium-metal batteries.
Sibanye-Stillwater, Heraeus team up to save palladium
The miners will explore new uses for PGMs, particularly palladium, in the hydrogen market amid weak demand for the metal.
Canadian graphite miner NMG scores deals with GM, Panasonic
Offtake agreements totalling $87.5 million will help NMG advance the second phase of its Quebec graphite complex.