Biden-backed battery firm plunges after pausing construction
Li-Cycle shares fell as much as 49% in New York on Monday.
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Grupo Mexico posts boost in Q3 profit amid strong sales
Revenue for the major global copper producer during the July-to-September period rose 17%.
Hedge fund hunts for next Australia lithium winner on deal craze
An M&A spree that’s swept up miners like Liontown and Allkem will carry on in Australia, according to Regal Funds Management.
Teck to re-do environmental permit for Quebrada Blanca expansion in Chile
Once submitted, the revised application will tack on around 12 months to the overall regulatory process.
Cochilco says large-scale copper mining costs keep growing
The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.
Wesdome drills 64 g/t gold along western extension at Eagle River mine
Guidance for Eagle River this year is 80,000 to 90,000 oz. of gold.
Teck stock drops to seven-month low on rising cost of flagship copper mine
The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.
Nigeria seeks to tighten rules to curb raw mineral exports
The country has lithium, gold, bitumen and iron ore deposits and is intent on emulating nations such as Indonesia in climbing up the commodities value chain.
Botswana’s ODC halts diamond sales as industry seeks to reduce glut
ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana.
