Palladium price falls as concern EVs will destroy demand returns to the fore Commodity analysts said technical factors also played a part. Reuters | January 4, 2024 | 11:59 am
Maaden sees Aramco fuel price hike hitting earnings “The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing. Bloomberg News | January 4, 2024 | 10:54 am
Wealth Minerals releases positive PEA for $1.15bn Kuska lithium project in Chile Baseline capital expenditures are estimated at $749 million, including $44 million to be spent on additional exploration and permitting. Staff Writer | January 4, 2024 | 10:42 am
Endeavour Mining says it fired CEO for ‘serious misconduct’ The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him. Bloomberg News | January 4, 2024 | 10:41 am
CMOC takes Glencore’s cobalt crown as output jumps 170% Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing. Bloomberg News | January 4, 2024 | 10:11 am
Pentagon to deliver report on domestic seafloor mining by March Last month, members of Congress wrote urging the Department of Defense to prioritize planning for seabed mining as a "new vector of competition." Staff Writer | January 4, 2024 | 9:57 am
Atico shares surge on long-term extension for La Plata mining concession in Ecuador This new period of validity for the mining concession is now until 2049. Staff Writer | January 4, 2024 | 9:34 am
Researchers find a way to use coal in advanced electronic devices US-based scientists say coal can play a vital role in next-generation electronic devices. Staff Writer | January 4, 2024 | 6:13 am
Barrick, Antofagasta to spend $95m exploring for copper in Chile Through the newly formed Minera El Encierro, the companies will carry out exploration for five years in a property comprising 35 concessions. Staff Writer | January 4, 2024 | 5:45 am