The ratings agency trimmed its copper price forecast for 2023 to US$8,600/t, from 8,800/t. Fitch said the cut reflected "weaker year-to-date pricing due to softer economic sentiment".Read More
The company currently has US$25 million in cash and with a $2.5 million monthly burn rate will evaluate its financing options towards year-end. "Equity is not attractive where we are trading (C$5.Read More
A panel discussion focused on the 30D and 45X tax credits available under the Internal Revenue Code.Read More
Mitsubishi, which has a portfolio of copper investments in the region, including the Escondida, Los Pelambres, Antamina, Los Bronces and Quellaveco mines in Chile and Peru, typically invests at theRead More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe mill expansion will take processing capacity from the current rate of 13 million tonnes p...Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe Perth USAsia Centre at the University of Western Australia has published the first in a s...Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe hedge fund Elliott Associates, and the trader and market maker Jane Street Global, are su...Read More
In return for spending at least $25 million on exploration over the next four years, De Grey will earn a 50% interest in Novo's 1034sq.km Egina project that sits along trend from De Grey's 11.Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe preferential purchase tax policy for new energy vehicles is being extended to the end of...Read More
Volante said next-generation battery chemistries, such as LMFP and NCM, feature manganese with up to two-thirds of the volume.Read More
ioneer aims to be able to start construction of its Rhyolite Ridge lithium-boron project in Nevada, US early next year as it nears the end of the NEPA permitting process, chair James Calaway toldRead More
Masson said the battery sector will grow to challenge stainless steel as the dominant nickel end-use market, growing from a 12% market share in 2022 to 41% by 2033 even though it requires "the leastRead More
"If these two big companies complete their smelters, that means we will no longer export raw copper because it will be processed domestically to become copper cathodes," Indonesia's president JokoRead More
Zaldivar is owned jointly with Barrick Gold and Antofagasta, but is operated by Antofagasta.Read More
Drilling was temporarily suspended in March 2022 due to the Andean cat's presence in the project area.Read More
The US$498 million investment is targeting an initial reserve of 3Mt grading 2.4% copper, 1.Read More
Hydraulic fracturing has transformed the shape of world energy markets, turning the US into the world's top oil producer. But what is less well known, outside the energy industry, is that it did this largely without making any money.For most of the last 30 years, fracking companies have earned below their cost of capital. Every time the industry has looked to be getting close to profitable, its ow...Read More
Mitsubishi will subscribe for 4.6 million units priced at $4.Read More
The PEA base case is distinctly different from that presented in the prior 2017 PEA, which featured a conventional mill and flotation concentrator producing copper concentrate for export.Read More
"In connection with this transaction and our strategy to create lasting value, we are targeting at least $2 billion in near-term cash flow improvements through portfolio optimisation within the firstRead More