First Quantum touts interest in its Zambia copper operations The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered. Bloomberg News | March 4, 2024 | 10:12 am
Eramet reaches deal to convert debt of New Caledonia nickel unit Several hundred million euros of debt will be removed from its loss-making nickel subsidiary SLN. Reuters | March 4, 2024 | 10:07 am
Canada and Australia boost collaboration on critical minerals The countries have agreed to promote shared priorities related to the extraction, processing and refining of critical minerals. Reuters | March 4, 2024 | 9:28 am
London gold price benchmark hits all-time high, LBMA says London's gold price benchmark hit an all-time high of $2,098.05/oz on Monday, surpassing the previous record set on Dec. 28. Reuters | March 4, 2024 | 9:13 am
Probe Gold adds Monarch’s key assets to Quebec-focused portfolio The company's landholding in the Val-d’Or region will now total 685 square kilometres. Staff Writer | March 4, 2024 | 9:02 am
BHP inks tentative sales deals for giant Jansen potash project In October, it announced a $4.9 billion investment in Stage 2 of its potash project in Saskatchewan to double capacity by the end of the decade. Staff Writer | March 4, 2024 | 7:23 am
Recharge Metals buys Canadian uranium project The Newnham Lake project is close to significant discoveries such as IsoEnergy's Hurricane deposit, in the Athabasca basin. Staff Writer | March 4, 2024 | 7:06 am
Rio Tinto CEO bullish on lithium but not eyeing big acquisitions Rio Tinto is developing the Rincon project, a lithium-brine mine in Argentina. Reuters | March 4, 2024 | 6:55 am
Huayou Cobalt chief proposes battery material policy to tackle overcapacity China's LFP capacity will reach 5.75 million metric tons in 2025, while global demand is estimated to be about 2.67 million tons that year. Reuters | March 4, 2024 | 6:46 am