Can Anglo’s copper pivot help thwart renewed takeover bid?
Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.
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McEwen Copper receives additional $35m investment from Rio technology venture
Following the latest round of financing, Nuton now owns 17.2% of McEwen Copper on a fully diluted basis, nearly doubling its initial shareholding.
CHARTS: Nickel, cobalt, lithium price slump cuts average EV battery metals bill by 60%
The raw materials bill for the average EV is now down to $537 compared to $1,342 in August 2023 and a monthly peak of more than $1,900 at the beginning of last year.
Palladium price jumps after US suggests sanctions on Russian exports
The Biden administration floated the potential restrictions at a meeting of G-7 finance officials in Washington this week.
Talon Metals makes new copper-nickel discovery in Michigan
The company reported nearly 100 metres of copper and nickel mineralization from its first drill hole at the Boulderdash target.
Zinc price surges on LME as Teck smelter setback adds to supply angst
Zinc surged to a 20-month intraday high as Teck lowered output targets following a fire at its Canadian smelter.
First Quantum confirms talks over Zambian assets
Potential deal with unnamed company is estimated to be worth between $1.5 billion and $2 billion.
Argentina’s lithium hunters scale back as EV shift slows
The global lithium sector is struggling due to prices that have slumped over 80% since last year.
US Treasury allows miners to access clean energy manufacturing subsidy
The move reflects the growing realization in Washington that efforts to combat climate change will be moot unless the it boosts its production of critical minerals.
