Copper price resumes rally as Fed rate signals boost industrial metals The metal has gained more than 10% over the past six weeks, boosted by supply risks. Bloomberg News | March 21, 2024 | 5:59 am
France sets end March deadline for New Caledonia nickel deal Under the proposed deal, the French state would subsidize energy prices alongside local authorities up to 200 million euros a year. Reuters | March 21, 2024 | 5:49 am
Lucapa finds Lulo mine’s fifth-largest diamond The 203-carat, type IIa diamond is also the third 100-carat-plus stone found at the Angolan mine this year. Cecilia Jamasmie | March 21, 2024 | 5:35 am
Centamin annual profit boosted by soaring gold prices Centamin said it had “re-positioned” its Sukari gold mine in Egypt to achieve a consistent annual production of 500,000 ounces. Cecilia Jamasmie | March 21, 2024 | 3:51 am
China’s imports of Russian coal slump as import taxes bite Russia is still China’s No. 2 supplier after Indonesia, but the threat of trade actions could start to affect its eastward flows. Bloomberg News | March 21, 2024 | 3:29 am
US backs Australian, Brazil rare earths projects for up to $850 million The company received the letter of interest from the United States, Export-Import Bank. Reuters | March 21, 2024 | 2:04 am
Australian coal miners woo private capital as banks get leery Australian coal producers are increasingly dabbling in high-interest private loans as lenders look to replace reluctant banks that are held back by ESG concerns. Bloomberg News | March 20, 2024 | 5:11 pm
British Columbia funds new extraction technology BC invested $630,000 from the Province’s Innovative Clean Energy Fund in cleantech startup pH7 Technologies to conduct a pilot project. Staff Writer | March 20, 2024 | 4:44 pm
Alaska governor calls on Biden to update mine permit process Governor Dunleavy sued Biden last week for the president's 2023 decision to block the giant Pebble project. The suit seeks more than $700 billion. Reuters | March 20, 2024 | 3:38 pm