Red Pine says former CEO tampered with Wawa gold assays In total, 532 out of approximately 98,000 drill core assay results in the overall database appear to have been manipulated. Staff Writer | May 10, 2024 | 8:54 am
Philippines eyes boost to nickel processing capacity The Southeast Asian nation is looking to follow neighbouring Indonesia, which lured major investment in processing plants for its huge deposits. Reuters | May 10, 2024 | 8:16 am
Copper price above $10,000 as supply worries counter faltering demand Prices of copper have risen 17% this year on fears of shortages. Bloomberg News | May 10, 2024 | 7:58 am
Miners seek exemption from Canadian tax hike to save equity deals Finance Minister Chrystia Freeland’s new budget includes a measure to raise the capital gains tax inclusion rate to two-thirds from one-half. Bloomberg News | May 10, 2024 | 7:51 am
Iron ore price hits more than 2-week low on rising inventory, demand caution Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook. Reuters | May 10, 2024 | 7:36 am
Chile copper output edges down in March, dragged by Codelco Output at Codelco slid 10.1% to total 107,300 metric tons in March. Reuters | May 10, 2024 | 7:32 am
Trafigura delivers large amounts of aluminum to LME for lucrative rent deals Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022. Reuters | May 10, 2024 | 7:29 am
Rio Tinto has not ruled out bid for Anglo American — report While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American. Cecilia Jamasmie | May 10, 2024 | 6:45 am
Mining People: Avanti Gold, Homerun Resources, Omai Gold, Star Diamond, Pacific Empire, Sorrento Key moves in the mining sector. Staff Writer | May 10, 2024 | 6:42 am
