Codelco launches austerity plan after lower production forecasts
The state-owned miner cut its 2022/23 production goal in October, amid lower prices and poorer ore grades.
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Rio Tinto venture makes strategic investment in Regulus Resources
The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties in mid-October.
Ecuador signs investment contract with Solaris on Warintza project
The investment contract ratifies the Investment Protection Agreement announced in June and “significantly” de-risks Warintza.
Triple Flag acquires royalty on polymetallic Thunder Bay North project
Triple Flag is acquiring up to a 2.5% NSR royalty for $15 million on the platinum, palladium, copper and nickel project.
Vital Metals pivots to Nechalacho permitting as Saskatchewan plant costs double
The company announced it will defer completing the facility's rare earth hydrometallurgical leaching, purification and rare earth precipitation circuits until 2024.
Gold price edges higher as US inflation data shows signs of cooling
"With inflation close to being in line with expectations, gold prices were higher on fresh speculative buying ahead of the new year on bets that the bigger funds might move to the long side of gold."
Hedge funds lose court fight for LME disclosure of nickel crisis communications
The firms are challenging moves by the LME, which cancelled about $3.9 billion worth of trades on March 8.
Congo to formalize gold trade, change tax
“The goal is to become a processing country, not just a production country,” Finance Minister Nicolas Kazadi said.
New calls for banning coal as punishment at Christmas
An article in the British Medical Journal makes the environmental case for ending what the authors call an “outdated and potentially harmful” tradition.
