British Columbia energy minister in a mines, power, fossil fuels balancing act
Some are wondering whether B.C. will actually have enough power to satisfy the demand from all the projects being proposed in the province.
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O3’s Vizquerra powers Marban Alliance toward feasibility
The Marban project saw a preliminary economic assessment completed by Osisko Mining a year earlier.
Exxon evaluates lithium extracted from fracking wastewater
While its lithium activities are at an early stage, production of the metal at scale would be a big business even for a company of Exxon’s size.
Newcrest acquisition to deliver $500 million in annual synergies, says Newmont CEO
The biggest value drivers of the transaction will come from Newcrest’s two Tier 1 operations, Cadia and Lihir.
Indonesia will not approve any new mining quotas for 2023
A new mining quota application system will be available to nickel miners from October and applications can be filed from November.
First Quantum chairman Philip Pascall passes away
The board of directors has voted to elect Robert Harding, who has been a director of First Quantum since 2013, as the interim chairman.
Iron ore price extends decline as concerns over Chinese property market persist
Higher domestic supply also weighed on the key steelmaking ingredient.
Aurubis trims annual forecast further after metal theft
After concluding its metal stocks inventory, Aurubis identified damage amounting to 185 million euros.
The mission to create Europe’s battery hub, whatever the cost
In just a few years, Hungary is projected to become the fourth-largest producer of batteries globally.