Ausenco acquired by Eldridge, Brightstar Capital and Claure Group for $578 million The exit price compares with the $150m Resource Capital Fund paid for Ausenco in 2014. Staff Writer | September 22, 2023 | 11:23 am
Giga’s Turnagain nickel project in BC may depend on batteries boosting metal price The 30-year open-pit mine would cost $1.9 billion to build. Colin McClelland | September 22, 2023 | 11:14 am
Largest asteroid sample ever collected is coming down to Earth OSIRIS-REx could also help inform future missions to asteroids — perhaps even ones to mine these rocks for resources. Bloomberg News | September 22, 2023 | 11:04 am
FPX Nickel signs battery supply chain MOU with Japanese groups The MOU lays the groundwork for FPX and PPES to collaborate on vertically integrated nickel production through the Baptiste project. Staff Writer | September 22, 2023 | 10:25 am
Iron ore price falls despite China’s support measures Moody's on Thursday revised its outlook on four Chinese real estate firms to "Negative" from "Stable". Staff Writer | September 22, 2023 | 9:49 am
Stellantis to invest $500 million in Rio de Janeiro plant The funds are earmarked for the development of new products, research and development and upgrading the plant's facilities. Reuters | September 22, 2023 | 9:18 am
JSW Steel slows process of buying stake in Teck coal unit Relations between India and Canada soured when they expelled each other's diplomats over the murder of a Sikh separatist leader in British Columbia. Staff Writer | September 22, 2023 | 9:17 am
Study points to need to clean up legacy mining pollution that poses health risks to millions It is estimated that 23 million people living on the world’s floodplains are being exposed to potentially dangerous concentrations of toxic waste, a new study finds. Jackson Chen | September 22, 2023 | 9:04 am
Fortescue to divert carbon offset funds to decarbonization The company also said it will eliminate million liters of diesel it uses per year, rather than offsetting them. Reuters | September 22, 2023 | 8:13 am