US Strategic Metals secures additional $230m funding for Missouri-based cobalt-nickel mine USSM is developing its cobalt-nickel mine and battery metals recycling facility in Missouri. Staff Writer | December 18, 2023 | 9:23 am
Novo Resources forms JV with SQM on lithium-nickel exploration in Australia SQM will pay Novo A$10 million for a 75% interest in five tenements held by Novo. Staff Writer | December 18, 2023 | 9:20 am
Jaguar grows gold reserves at MTL in Brazil after Iamgold acquisition The expanded reserves will feed higher current production, which was 17,316 oz. in the third quarter. Colin McClelland | December 18, 2023 | 8:19 am
Nippon Steel agrees to buy US Steel for $14.1 billion The deal caps months of uncertainty over the future of the iconic American company. Bloomberg News | December 18, 2023 | 6:48 am
Panama rejects Orla Mining’s request for permit extension The Canadian miner said Panama also declared the concessions were in a reserve area, cancelling them altogether. Cecilia Jamasmie | December 18, 2023 | 6:05 am
Burkina Faso replaces mining minister as gold output drops Gold output in one of Africa’s biggest producers dropped 13% to 58.2 tons in 2022. Bloomberg News | December 18, 2023 | 5:26 am
Russia considering waiving export duties for two Rusal smelters Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods. Reuters | December 18, 2023 | 5:22 am
EU sets critical mineral goals, but faces struggle to hit them The Critical Raw Materials Act, due to enter force in early 2024, says the bloc should mine 10% of its annual needs by 2030. Reuters | December 18, 2023 | 5:15 am
Vedanta Ltd declares second interim dividend for FY24 The dividend comes at a time when UK-based parent Vedanta Resources grapples with multiple rating downgrades. Reuters | December 18, 2023 | 5:07 am