Elliott notches win with Suncor as shares rise to 16-year high Canada’s second-largest oil producer by market value said it boosted spending on share repurchases to 75% of its free funds flow this quarter. Bloomberg News | May 21, 2024 | 1:46 pm
US Critical Materials to deploy AI-powered tech for rare earth exploration With VerAI’s AI-powered targeting technology, the company intends to set new industry standards for environmentally conscious mineral exploration activities. Staff Writer | May 21, 2024 | 10:44 am
Ma’aden extracts lithium from seawater The Saudi Arabia project is still a pilot and not yet at commercially viable levels, Ma'aden's CEO said. Staff Writer | May 21, 2024 | 10:02 am
Copper’s record rise steadies as demand signals challenge bulls Many participants in the physical trade have been warning that prices were running ahead of signals of underlying market conditions. Bloomberg News | May 21, 2024 | 9:50 am
Solaris ends plan to sell stake to Zijin Mining, cites government rules Canada's government has taken a tough stance specifically on investments from China in critical minerals such as copper, graphite and lithium. Reuters | May 21, 2024 | 9:34 am
China’s gold imports slow as record prices temper demand The precious metal’s allure has been further dimmed by warnings from China’s authorities over excessive speculation. Bloomberg News | May 21, 2024 | 9:28 am
Power Nickel shares jump on Nisk drill results The Nisk deposit was first discovered by Inco, now Vale, in 1962. Staff Writer | May 21, 2024 | 9:19 am
Kuya Silver begins production at Bethania mine in Peru Production is expected to ramp up progressively over the next year to an initial target of 350 tonnes per day. Staff Writer | May 21, 2024 | 8:54 am
Portuguese company eyes two lithium refineries in Iberia by 2030 Lifthium is planning to source the raw materials from different regions around the world, including South America. Reuters | May 21, 2024 | 8:25 am
