Saudi Arabia ups mineral resource estimates to $2.5 trillion

About 10% of the increase in estimate comes from the addition of rare earths minerals.

Reuters | January 9, 2024 | 11:11 am

Norway approves deep sea mining in Arctic Ocean

The bill, voted 80-20 by lawmakers on Tuesday, allows commercial mineral exploration, but mining licences won't be issued just yet.

Cecilia Jamasmie | January 9, 2024 | 9:35 am

Asian buyers profit from record discounts for near-term LME copper

The discount hit a record high of $108 a metric ton on Jan. 8.

Reuters | January 9, 2024 | 9:32 am

Mongolia needs mining investments ramp up to meet GDP target – finance minister

The country derives a quarter of its gross domestic product and 90% of exports from mining.

Reuters | January 9, 2024 | 9:23 am

Avino gets community ok to develop La Preciosa

La Preciosa hosts one of Mexico's largest undeveloped primary silver resources and is located about 19km from the company's Avino mine.

Cecilia Jamasmie | January 9, 2024 | 5:58 am

New critical mineral mines in British Columbia could generate nearly $600 billion, study says

Mansfield Consulting examined 14 potential critical mineral mines and two mine extensions, and found the long-term economic impact of operations over several decades could be nearly C$800 billion ($599bn).

Amanda Stutt | January 8, 2024 | 1:28 pm

QC Copper says Opemiska resource tops 1.88 billion lb. copper, 915,000 oz. gold

The Opemiska project includes the former Springer and Perry copper-gold mines, operated by Falconbridge from 1953 to 1991.

Staff Writer | January 8, 2024 | 11:21 am

US Supreme Court dismisses Alaska’s bid to keep Pebble project alive

The proposed mine in the Bristol Bay area would have become the largest copper, gold and molybdenum extraction site in North America.

Staff Writer | January 8, 2024 | 10:48 am

Goldman veteran Jeff Currie remains bullish on commodities this year

Demand for raw materials is at record levels, inventories are low, and spare production capacity is largely “exhausted,” the veteran analyst said.

Bloomberg News | January 8, 2024 | 9:33 am

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Glencore ups stake in Group Eleven

Hudbay Minerals swings to loss, halts Peru guidance

Canadian Mining Eye index drops 29% in Q1 — report

Trevali defers Namibia expansion, shares down

Recycled battery metals being tested for use as crop fertilizer

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