Nornickel examining impact of latest US sanctions The US imposed sanctions on several Nornickel subsidiaries as well as on the Bystrinsky copper and gold project. Reuters | August 26, 2024 | 6:54 am
Congo wants Trafigura partner Chemaf’s deal with Norinco halted Chemaf put itself up for sale last year due to a cash crunch that was stalling the expansion of its Etoile and Mutoshi projects. Reuters | August 26, 2024 | 6:50 am
Canada to hit China with tariffs on electric vehicles, steel The government announced a 100% levy on electric cars and 25% on steel and aluminum. Bloomberg News | August 26, 2024 | 6:46 am
Iron ore price rebounds past $100 after Chinese stockpiles shrink A tentative sign that a period of severe oversupply is starting to ease. Bloomberg News | August 26, 2024 | 6:20 am
Pilbara Minerals’ annual profit falls on weaker lithium prices The lithium miner posted underlying profit after tax of A$318 million for fiscal 2024. Reuters | August 25, 2024 | 4:02 pm
Global refined copper surplus swells in first half of 2024 — report New data from the ICSG indicated a preliminary surplus of about 488,000 tonnes, which is significantly higher than the 115,000 tonnes for H1 2023. Staff Writer | August 25, 2024 | 8:35 am
KCGM — from unloved asset to Northern Star’s crown jewel A former non-core asset of majors Barrick and Newmont, KCGM, also known as the Super Pit, is set to become Australia’s largest gold operation under the ownership of Northern Star Resources. Kristie Batten | August 25, 2024 | 8:22 am
Eagle cleanup focuses now on site’s water after PwC takes over Victoria Gold PwC and mining environmental management services firm Parsons are installing five groundwater monitoring wells at the site. Blair McBride - The Northern Miner | August 25, 2024 | 7:39 am
Peru’s gold exports to India set to hit record high, says official In 2023, India became the second biggest buyer of Peru's gold and it should invest in new gold mining projects in the South American country. Reuters | August 24, 2024 | 4:02 pm