CMOC gets Congo deal to free stockpile of copper and cobalt CMOC and its state-owned partner Gécamines reached a “consensus on the royalties issue” at the Tenke Fungurume operation. Bloomberg News | April 19, 2023 | 8:05 am
India’s NMDC explores lithium reserves for mining in Australia NMDC is the majority owner of a mine located in Mt Bevan and hopes to start mining within two years. Reuters | April 19, 2023 | 8:00 am
China’s Huayou seeks to build nickel ore processing plant in Philippines The Philippines has 34 operating nickel mines and ships most of its raw nickel ore to China and some to Japan. Reuters | April 19, 2023 | 7:56 am
Record demand pushes silver into new era of deficits, Silver Institute says Global demand for silver rose by 18% last year to a record high of 1.24 billion ounces. Reuters | April 19, 2023 | 7:51 am
Chile’s drought hits Antofagasta’s copper output in Q1 It produced 145,900 tonnes of copper in the period, down 25.4% from Q4 2022 on water shortages at Los Pelambres and lower grades at Centinela. Cecilia Jamasmie | April 19, 2023 | 6:43 am
Platinum nanoclusters improve fuel cell performance Recent findings could support the design of high-activity, high-performance platinum catalysts for polymer electrolyte fuel cells. Staff Writer | April 19, 2023 | 6:06 am
Glencore open to better bid for Teck if split rejected Swiss firm is willing to improve takeover bid if Teck's shareholders reject the Canadian miner's planned split. Cecilia Jamasmie | April 19, 2023 | 3:37 am
BHP urges Chile gov’t to make further concessions on tax bill with $10bn at stake The government has already made changes to the so-called royalty bill, bringing down the average effective tax rate to an estimated 46%. Bloomberg News | April 18, 2023 | 4:59 pm
Thousands of construction jobs, billions in spending on British Columbia energy projects Labour challenges have added significantly to the cost of both the CGL and TMX projects, which competed with each other for labour. Nelson Bennett - Business in Vancouver | April 18, 2023 | 4:43 pm