Nascent recovery in Chilean copper mining is spluttering October’s export revenue from copper fell 6.7% from September and 8.8% from a year ago. Bloomberg News | November 7, 2023 | 10:05 am
Peru mine spending at eight-year low signals copper tightening Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said. Bloomberg News | November 7, 2023 | 8:33 am
China extends run of gold buying that’s helped support prices China topped up its gold holdings for a 12th straight month in October. Bloomberg News | November 7, 2023 | 7:33 am
Bill Gates-backed mining startup wants to expand into Congo KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition. Bloomberg News | November 6, 2023 | 11:19 am
Battery metals lose luster as surge in supply outpaces demand The lower metal prices are providing some cost relief to automakers and could lead to cheaper EVs. Bloomberg News | November 6, 2023 | 7:03 am
Mining tycoons turn up heat at Australian lithium junior Azure Heavyweights who have long dominated the iron ore sector in Australia are muscling into SQM's takeover of Azure. Bloomberg News | November 6, 2023 | 3:03 am
Vedanta posts loss on higher tax outgo and weak zinc prices The Indian unit of billionaire Anil Agarwal swung to a loss of $214 million in three months to September. Bloomberg News | November 4, 2023 | 12:45 pm
Pacific island Bougainville seeks to tap riches of closed copper mine Panguna, formerly operated by Rio Tinto Group, shut in 1989 after local protests over mine revenue degenerated into a civil war. Bloomberg News | November 3, 2023 | 10:48 am
China’s grip on Africa’s minerals sparks a US response As part of its stated ambition to challenge China’s dominance, the Biden administration saw an opportunity to revitalize a century-old rail line linking key African mines to an Atlantic Ocean port. Bloomberg News | November 2, 2023 | 2:38 pm
SQM sells green bond to feed EV battery demand The mining company on Thursday sold $750 million in dollar-denominated green bonds maturing in 10 years. Bloomberg News | November 2, 2023 | 1:29 pm
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in the $7 billion copper project, says Mark Bristow. Bloomberg News | November 2, 2023 | 10:03 am
Toronto Stock Exchange has 1 IPO this year in historic dry spell Lithium Royalty Corp., which raised $108 million in March, is the lone deal to make it through in 2023. Bloomberg News | November 2, 2023 | 7:39 am
