Bill Gates-backed KoBold Metals is the Silicon Valley’s newest unicorn The company raised $200 million to dig for copper and lithium using AI. MINING.COM Staff Writer | June 20, 2023 | 12:48 pm
Antofagasta seeks copper mine extension with $1.2 billion investment Chilean miner applied for an environmental permit to extend operations at its Zaldivar mine through 2051. Reuters | June 20, 2023 | 12:39 pm
Saudi’s PIF emerges as lead bidder for $2.5 billion Vale base metals stake Saudi Arabia's Public Investment Fund may strike the deal for a roughly 10% stake of Vale's nickel and copper operations. MINING.COM Staff Writer | June 20, 2023 | 10:11 am
Rio Tinto to invest almost $1 billion in Kennecott copper mine The company said it will invest $498 million to develop an underground mine and infrastructure in an area known as the North Rim Skarn. Bloomberg News | June 20, 2023 | 8:59 am
Norway to open its waters to deep-sea mining The country's government has outlined details of a plan to open its sea floor to commercial mineral exploration and extraction. Cecilia Jamasmie | June 20, 2023 | 4:42 am
Hudbay triples land holding in Manitoba with Rockcliff buy Rockcliff is the 49% joint venture partner on Hudbay’s Talbot copper-gold project and owns six other deposits in the Snow Lake region. Cecilia Jamasmie | June 20, 2023 | 3:37 am
Codelco must kick-start lithium industry while reviving copper output Chile is already the world’s no. 2 producer of lithium after Australia. But demand is exploding worldwide. Reuters | June 19, 2023 | 2:51 pm
New copper supply offset by multiple hits to existing operations Some of the world’s largest mining companies and metal traders are warning the shortfall could arrive as early as 2025. Rick Mills - Ahead of the Herd | June 19, 2023 | 12:18 pm
Nine Mile Metals enjoys XRF results up to 24% Cu and 38% Pb-Zn from historic Wedge mine The Wedge deposit was discovered in 1956 by Cominco, and it operated the mine between 1962 and 1968. Staff Writer | June 19, 2023 | 11:39 am
