Rio Tinto fires former head of aluminum division on info breach Ivan Vella, who has spent two decades at the mining giant, was already due to leave the company in December. Reuters | November 15, 2023 | 10:39 am
The promise and risks of deep-sea mining Composed of manganese, nickel, copper, cobalt and other trace minerals, polymetallic nodules hold some of the key ingredients needed to fuel the energy transition. Reuters | November 15, 2023 | 10:35 am
Major Chinese copper trader sees glut weighing on prices in 2024 “We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals. Bloomberg News | November 15, 2023 | 10:32 am
World’s best-performing big IPO is about to get an extra boost PT Amman Mineral climbed as much as 2.5% to a record high after MSCI announced it will be added to its global standard indexes. Bloomberg News | November 15, 2023 | 10:10 am
Skeena says Eskay Creek FS has $1.5bn after-tax value, 43% return In the first five years of operations, the new project will produce 455,000 oz. of gold annually. Staff Writer | November 15, 2023 | 10:09 am
Hong Kong ousts Dubai as biggest hub for Russian gold trade The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market. Bloomberg News | November 15, 2023 | 10:01 am
Managem says water at cobalt mine safe, denies report on arsenic contamination BMW sources a fifth of its cobalt supplies from Morocco. Reuters | November 15, 2023 | 9:19 am
Iron ore price back above $130 on China stimulus Beijing plans to provide at least $137 billion in low-cost financing to the nation’s urban village renovation and affordable housing programs. Staff Writer | November 15, 2023 | 9:15 am
Antofagasta’s 2024 payment offer for copper processing below $75 Falling TC/RCs are due to expectations of tight concentrate supplies and new processing capacity. Reuters | November 15, 2023 | 9:10 am
