ScoZinc shares PFS for Scotia mine with NPV of $102m, IRR of 65%
The pre-production capital requirement is C$30.6 million for a mine with a life of 14.3 years.
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Miners’ decarbonization strategies may strengthen their business profiles – report
According to Fitch Ratings, the commodity price rally is pushing companies to rebalance their capital allocation towards decarbonization investments and growth.
SolGold taps former BHP exec as new CEO
Darryl Cuzzubbo, who spent 24 years at BHP and then held a top position at Orica, will take over on December 1.
Ecuador indigenous community welcomes judges to jungle, demands role in mining decisions
In 2018 the community succeeded in convincing a lower court to reverse dozens of previously granted mining concessions along the Aguarico river, arguing they had not been properly consulted about the developments.
Alaska’s largest-ever gold nugget up for sale
The Centennial Nugget, weighing around 20lbs (9kg), was discovered in 1998.
This chart shows copper price could dive 28% going into 2022
New report argues rising mine supply, steep fall in demand from China’s property sector and shifting global consumption patterns away from goods to services will send copper prices skidding.
China doubles down on slower coal exit after COP26 spat
China attaches “high importance” to the energy transition, and has recently set out major steps including a target to reduce coal consumption from 2026.
Rise in battery costs to keep lithium price rallying — report
Fitch has revised up significantly both its lithium carbonate and hydroxide price forecasts from 2021 to 2026 to incorporate higher global EV sales assumptions.
Tungsten suppliers haven’t been able to profit from meme-fueled cube craze
Tungsten cubes may have reached meme status as sales soar, yet that isn’t helping suppliers of the hefty metal cash in on the craze.
