Rio Tinto starts construction to expand capacity at Quebec aluminum smelter The $178 million investment will allow more of Rio's aluminium production to be used to make billets from renewable hydroelectric power. Staff Writer | April 12, 2023 | 11:43 am
Nouveau Monde seeks $22 million for Matawinie mine, Bécancour plant The company intends to be a vertically integrated producer of battery anode materials. Staff Writer | April 12, 2023 | 11:32 am
Ex-JPMorgan gold traders ask for no prison time in spoofing case Desk head Michael Nowak and trader Gregg Smith were both convicted in August of market manipulation by a federal jury. Bloomberg News | April 12, 2023 | 9:52 am
Glencore adds Russian aluminum to LME system Higher stocks of Russian aluminum on the LME are a concern as they could weigh on benchmark prices. Reuters | April 12, 2023 | 9:21 am
India’s rare earths miner eyes 400% expansion for clean energy State-owned IREL Ltd. aims to mine 50 million tons a year of rare-earths bearing ore by end-2032. Bloomberg News | April 12, 2023 | 9:11 am
Gold price holds above $2,000 as Fed rate pause gathers momentum The yellow metal drew strength from a slide in both the dollar and benchmark yields. Staff Writer | April 12, 2023 | 9:01 am
Severe Australian cyclone set to dump rain on big gold mine Newcrest’s Telfer gold mine is expected to get a deluge of heavy rain later this week. Bloomberg News | April 12, 2023 | 8:22 am
Indonesia nickel giant lists at top of range raising $672 million Harita Nickel raises $672 million in Indonesia’s largest initial public offering in 2023. Bloomberg News | April 12, 2023 | 7:51 am
Hurdles loom for Newmont’s $19.6 billion bid for Newcrest Macquarie analysts upgraded their Newcrest share price target by 18% on the back of the sweetened Newmont offer. Reuters | April 12, 2023 | 7:45 am