Teck Resources hikes cost of QB2 copper project in Chile again
Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.
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The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.
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The company’s third-quarter profit and revenue both topped analysts’ estimates.
Core and Tesla scrub lithium deal as spodumene ore prices soar
Core Lithium (ASX: CXO) shares fell on Thursday after the miner and Tesla couldn’t secure a supply deal for battery-metal ore, but […]
Standard Lithium commissions direct chloride-to-hydroxide pilot plant in Arkansas
The technology is housed in a self-contained unit and takes the lithium chloride feed produced by the company’s existing direct lithium extraction (DLE) demonstration plant.
Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex
The new exploration rights form a continuous block on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop.
Higher-grade ore boosts De Beers diamond output
Production of rough diamonds climbed 4% to 9.6 million carats in the third quarter of the year, compared to the same period of 2021.
Canadian resources coveted by Asian superpower
China is Canada’s third-biggest trade partner and British Columbia’s second-largest.
Iron ore price hit lowest since 2020 on global steel demand concerns
Prices have fallen more than 50% from a peak in March.
