First Quantum shares down 50% as Panama Congress committee OKs referendum
Bill has cleared the first hurdle to becoming a law that allows national referendum on the contract covering Cobre Panama copper mine.
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‘Bubbly’ magmas may lead exploration teams toward untapped copper deposits
Magmas that experience the same process that makes fizzy drinks ‘bubbly’ may help predict whether the area where it spread is likely to be rich in copper.
China to invest $2.8 billion in Zimbabwe in lithium, energy
The planned investment, a tenfold increase on the $271 million pledged in the same period last year, dwarfs that of its closest rival, the United Arab Emirates,
Lucapa finds Lulo mine’s third-largest diamond
The 208 carat, Type IIa diamond is also the second 100-carat-plus stone found in October at the Angola mine.
Cameco hits 52-week high as it turns to profit in Q3, raises revenue outlook
The new 2023 revenue outlook represents a C$500 million increase from its prior guidance.
Chinese wire rod giant Amer to wind up Shanghai copper trading book
Amer’s Shanghai trading unit, Arc Resources terminated many contracts with existing customers and suppliers for the remainder of 2023.
Panama’s investor-friendly image at risk from anti-mining rage
First Quantum’s troubles are playing out in a country led by one of the most pro-business governments in the region.
Canada, US must spur critical mineral mining, refining at home to secure clean energy shift, American envoy says
Both countries need to build up their mining and refining, and battery making capacity quickly.
Fleet Space Technologies launches new ExoSphere features for global mineral exploration
ExoSphere also awarded a Demonstrator Program contract by the Australian Space Agency to develop geophysical devices for locating water deposits on the Moon.