NEGx Minerals to raise $127 million for projects in South America Net proceeds will be used predominantly used towards furthering exploration at the 100%-owned Lunahuasi epithermal project. Staff Writer | October 16, 2024 | 11:24 am
World’s top two iron ore miners raise output even as China slows Rio’s third-quarter output edged up about 1% from a year earlier, while Brazil’s Vale beat estimates to churn out its highest volume since late-2018. Bloomberg News | October 16, 2024 | 10:20 am
Aclara advances rare earth separation technology With the technology, Aclara aims to produce high-purity mixed rare earth concentrate from its Penco Module in Chile and Carina project in Brazil. Staff Writer | October 16, 2024 | 10:10 am
Gold price momentum continues as industry predicts 10% upside Gold's strong momentum continued as US Treasury yields dropped to the lowest in a week. Staff Writer | October 16, 2024 | 9:57 am
Eramet shares plunge after 2024 output cuts The company cut its production targets for its manganese mine in Gabon and nickel mine in Indonesia. Staff Writer | October 16, 2024 | 9:19 am
GoviEx logs strong uranium recoveries for Muntanga as it preps for feasibility study The main deposits, Muntanga and Dibbwi East, which account for 80% of the measured and indicated resources, achieved recoveries of 90% or better. Staff Writer | October 16, 2024 | 8:36 am
Lithium Americas revamps Thacker Pass deal with GM in new $625 million JV For its 62% ownership of Thacker Pass, Lithium Americas will contribute $387 million to the JV and act as manager of the project. Blair McBride - The Northern Miner | October 16, 2024 | 8:16 am
Brazil reviews caves decree in potential boon for mining and energy Vale sees a potential to unlock 1.6 billion tonnes of iron ore reserves if the government tweaks rules around mining in caves. Bloomberg News | October 16, 2024 | 8:12 am
China to extend record aluminum output amid ample power National output is expected to rise 3% in the fourth quarter from a year ago to 11 million tons. Bloomberg News | October 16, 2024 | 7:57 am