Wealth Minerals lines up funds for Chile operations The company has already applied for operating permits and is about to unveil a direct extraction provider for what is envisaged as a $500-$600 million mine. Bloomberg News | December 12, 2023 | 11:36 am
Pasofino becomes sole owner of Dugbe gold project in Liberia Hummingbird Resources will own 51% of the company following the arrangement. Staff Writer | December 12, 2023 | 11:19 am
NexGen raising up to $367m for Rook I uranium development The Rook I project includes a new underground mine and mill in the southwestern part of the Athabasca Basin. Staff Writer | December 12, 2023 | 11:09 am
Western Australia seeks to speed up mining project approvals Western Australia supplies more than half of the world's seaborne iron ore and half of its lithium. Reuters | December 12, 2023 | 9:47 am
Aclara announces initial resource estimate for Brazil rare earth project The Carina module is estimated to contain 168 million tonnes of inferred material grading 1,510 ppm total rare earth oxide. Staff Writer | December 12, 2023 | 9:12 am
Iron ore price up as hopes of China stimulus resurface China's leaders started a closed-door meeting on Monday to discuss economic targets and map out stimulus plans for 2024. Staff Writer | December 12, 2023 | 9:09 am
Komatsu, GM to co-develop hydrogen fuel cells for electric trucks The two have created a joint venture to co-develop a hydrogen fuel cell power module for the 930E electric drive mining truck. Cecilia Jamasmie | December 12, 2023 | 8:47 am
Boliden plans to restart Europe’s biggest zinc mine in second quarter of 2024 The company is planning to resume wage negotiations with around 650 employees at its Tara operation in Ireland. Reuters | December 12, 2023 | 7:46 am
Rio Tinto says it is optimistic about China’s growth The comments came as China's economy has struggled to mount a strong post-pandemic recovery amid a deepening housing crisis. Reuters | December 12, 2023 | 7:32 am