Aluminum market squeeze intensifies amid LME delays and rising costs The market has also been eyeing a large long position in October contracts held by Trafigura Group. Staff Writer | October 7, 2024 | 6:55 am
Apache Tribe takes fight against Resolution Copper to US Supreme Court The Tribe has asked the top court to review a decision by the Arizona state court to allow Resolution discharge contaminants into Queen Creek. Staff Writer | October 4, 2024 | 10:06 am
Iron-rich volcanoes may hold vast rare earth reserves, study finds Rare earth element concentrations could be nearly 200 times higher than those found in silicate-rich melts. Staff Writer | October 4, 2024 | 9:07 am
Canagold’s New Polaris project moves into next phase of environmental assessment New Polaris is a past-producing, high-grade gold project for which the company is working towards environmental permitting and a feasibility study. Staff Writer | October 4, 2024 | 8:43 am
Mining People: Freeman Gold, Spanish Mountain, Wesdome Key moves in the mining sector. Staff Writer | October 4, 2024 | 6:11 am
Rio Tinto’s Diavik diamond mine moves into commercial production underground The miner said last year it was going ahead with a $40 million expansion of Diavik, which will extend the operation’s life to at least early 2026. Staff Writer | October 3, 2024 | 3:04 pm
Central banks rein back on gold purchases in August — WGC The WGC notes that only four central banks added gold (of a tonne or more) to their reserves during the month of August. Staff Writer | October 3, 2024 | 11:46 am
Mining industry needs $2.1 trillion in new investments by 2050 — BloombergNEF The report highlights that critical energy transition metals could face supply deficits this decade — some as early as this year. Staff Writer | October 3, 2024 | 9:24 am
Lifezone Metals, JOGMEC sign MOU on Kabanga nickel project Located in Tanzania, Kabanga is considered to be one of the world’s largest and highest-grade undeveloped nickel sulfide deposits. Staff Writer | October 3, 2024 | 8:14 am
Power Nickel hits “biggest intersection yet” at Quebec project The goal is to determine the potential of its NISK asset, known for its rich deposits of nickel, copper, cobalt and other critical minerals. Staff Writer | October 3, 2024 | 6:31 am
Rio Tinto launches ‘Colour Awakened’ historic collection from Argyle diamond mine The collection is headlined by seven “Old Masters”, notable historic diamonds from the Argyle mine that operated from 1983 to 2020. Staff Writer | October 2, 2024 | 4:16 pm
Costco adds platinum bars to precious metals offering The new offering comes at a time when platinum is struggling to match the performance of gold. Staff Writer | October 2, 2024 | 1:03 pm
