Wesdome drills 64 g/t gold along western extension at Eagle River mine Guidance for Eagle River this year is 80,000 to 90,000 oz. of gold. Staff Writer | October 24, 2023 | 10:41 am
Teck stock drops to seven-month low on rising cost of flagship copper mine The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion. Bloomberg News | October 24, 2023 | 10:31 am
Nigeria seeks to tighten rules to curb raw mineral exports The country has lithium, gold, bitumen and iron ore deposits and is intent on emulating nations such as Indonesia in climbing up the commodities value chain. Bloomberg News | October 24, 2023 | 10:13 am
Botswana’s ODC halts diamond sales as industry seeks to reduce glut ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana. Reuters | October 24, 2023 | 10:01 am
Amplats Q3 refined PGM output down 9%, maintains production guidance The world's biggest platinum miner by value produced 909,700 ounces of refined PGMs in the three months to Sept. 30. Reuters | October 24, 2023 | 9:53 am
Anglo American lowers 2023 copper production guidance Anglo expects to produce between 830,000 and 870,000 metric tons of copper this year, lowering a previous forecast of 840,000 to 930,000. Reuters | October 24, 2023 | 9:46 am
Australia boosts critical minerals fund by over $1 billion to attract international investors The $1.3 billion boost will increase the capacity of Australia’s Critical Minerals Facility to finance mining and processing projects for materials. Staff Writer | October 24, 2023 | 9:19 am
Rock Tech Lithium to raise $7.3 million for Georgia Lake, converter projects Located 160 km northeast of Thunder Bay, Georgia Lake is planned as an open-pit and underground mining project. Staff Writer | October 24, 2023 | 9:19 am
Malaysia allows Lynas to import radioactive raw material until 2026 The extension comes despite recent concerns in Malaysia about radiation levels from raw material processing. Reuters | October 24, 2023 | 8:42 am