Sigma Lithium updates Phase 1 FS, showing $1.6bn after-tax NPV for Brazil project The updated economics demonstrate that Phase 1 is financially robust, even as a standalone project. Staff Writer | April 11, 2022 | 9:02 am
Iron ore price slumps on covid-19 restrictions in China "Previous market expectation was that steel demand would be postponed but not absent," analysts with GF Futures wrote in a note. MINING.COM Staff Writer | April 11, 2022 | 8:14 am
Warning bells sound in London Metal Exchange zinc market Zinc could be the next metal market to find itself in turmoil, writes Andy Home. Reuters | April 11, 2022 | 7:44 am
Alexco to raise $10.3m to fund Keno Hill operations in Yukon Keno Hill boasts significant mineral resources at grades higher than most of the world’s primary silver producers. Staff Writer | April 11, 2022 | 7:44 am
Ivanhoe’s Congo copper mine hits record production Kamoa-Kakula produced 55,602 tonnes of copper in the first quarter of 2022, reaching a monthly all-time-high of 19,605 tonnes of copper in March. Cecilia Jamasmie | April 11, 2022 | 7:30 am
Asia unlikely to rescue Russian coal amid Europe ban There are already signs that Asia is likely to buy less Russian coal, rather than more, in coming months, writes Clyde Russell. Reuters | April 11, 2022 | 7:25 am
China port congestion leaves everything from grains to metals stranded Dotting the sea off Chinese ports are 477 bulk cargo ships waiting to deliver resources. Bloomberg News | April 11, 2022 | 7:09 am
CATL isolates workers to avoid covid shutdown Automakers including Tesla and Volkswagen have been forced to suspend production at their factories in Shanghai. Bloomberg News | April 11, 2022 | 7:02 am
Boliden to spend $530m on improving Aitik mine’s tailings dam Company said it did not expect production at the northern Swedish open-pit mine to be affected. Reuters | April 11, 2022 | 6:31 am