Budget allocated to grassroots exploration at all-time low – S&P Global
S&P analyst says explorers are transitioning to a more risk-averse stance, with increased focus on existing mines.
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Australia grants further $257m for Iluka’s rare earths refinery amid cost blowout
Iluka had first committed to building what will be Australia's first fully integrated rare earths refinery in 2022.
Iamgold cuts Westwood reserves by 17% amid mine plan overhaul
The new reserve base totals 2.6 million tonnes grading 11.45 grams gold per tonne for to 1.2 million contained oz.
Battery-electric railcar retrofits deployed at Carmeuse’s calcium mine in Michigan
Intramotev's aim is that initial applications of its technology will include captive routes between mines and processing facilities.
CME to offer 1-oz gold futures to meet surging demand from retail traders
There has been a larger trend among retail investors to seek smaller-sized gold products as a way to diversify their portfolios.
Chile aims to invest $83bn in mining through 2033, newspaper says
This does not include a recently announced $14 billion expansion plan by mining giant BHP, the report says.
Gold ETFs register first outflow in seven months, says WGC
Gold ETFs registered outflows of 28.6 metric tons, or $2.1 billion, in November.
Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends
Rusal first filed the lawsuit in 2022, alleging that Nornickel CEO Vladimir Potanin had violated their shareholder agreement.
Chile doubles number of lithium sites open to investment
They are located mostly in the Antofagasta region and the Tarapaca region, both in the country's north.
