Vale board members in a ‘state of war’ over CEO succession — report Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo. Staff Writer | July 16, 2024 | 9:36 am
Rupert Resources increases equity financing to $18 million The funds from these offerings will support ongoing exploration activities, technical and environmental studies in Finland. Staff Writer | July 16, 2024 | 9:11 am
Canada invests $142 million in critical minerals infrastructure in British Columbia The funding targets key highways essential for supporting mining activities. Staff Writer | July 16, 2024 | 9:09 am
Zijin Mining to take 9.9% stake in Montage Gold As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%. Reuters | July 16, 2024 | 8:30 am
Copper market’s biggest whale fuels speculation of a major shift The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year. Bloomberg News | July 16, 2024 | 8:29 am
Rio Tinto hails another step closer to develop Serbian lithium mine If developed, the $2.4 billion Jadar lithium project in Western Serbia could cover 90% of Europe's current lithium needs. Reuters | July 16, 2024 | 8:25 am
Gold price surpasses $2,470 for a new all-time high Bullion is now 18% higher for the year, boosted by anticipation of Fed loosening as well as significant buying by central banks. Staff Writer | July 16, 2024 | 8:13 am
Development banks seek to revive world’s biggest power project The planned Grand Inga hydropower complex in the DRC has been stalled for decades. Bloomberg News | July 16, 2024 | 7:22 am
Ganfeng Lithium plans to build $1.1 billion trading desk Derivatives will be used to lower the risks of cross-border investments and to enhance financial stability, the Chinese producer said. Bloomberg News | July 16, 2024 | 7:04 am
