Nevada Copper unveils restart and financing plan for Pumpkin Hollow
The restart plan involves de-bottlenecking and completing critical capital projects and building up stope ore inventory to achieve a more efficient ramp up.
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Rio Tinto invests $27 million in new aluminium recycling centre in Québec
The facility will make Rio the first primary aluminium producer in North America to incorporate recycled post-consumer aluminium into aluminium alloys.
Panasonic in talks for $4 billion battery plant in US
Oklahoma is a likely location for the new plant, although there are no guarantees an agreement will be reached, says WSJ.
Copper price rises on China demand optimism
Copper has rebounded by 17% since touching 20-month lows on July 15.
Gold price retreats on Powell’s remarks at Jackson Hole meeting
Gold's decline comes after Powell signalled that the US central bank will likely keep raising interest rates and leave them elevated for a while.
Oz Minerals vows to double copper production as profit falls
The Australian miner knocked back a takeover bid from BHP Group earlier this month.
Wyloo invests $103m in rare earths developer to fund stake in Neo Performance Materials
Hastings Technology, which hopes to become the world’s next producer of neodymium and praseodymium concentrate used in permanent magnets, will use Wyloo’s funds to acquire a 22.1% stake in Neo Performance.
Chinese copper giant Maike seeks help with liquidity issues
BHP Group is among suppliers that are diverting shipments away from Maike for now.
Bumper mining profits down under defy doom but challenges remain
The soaring profits unveiled by Australian miners this week were a beacon of light amid the gloom dominating economic headlines.