British Columbia junior miner goes to court over permitting delays Taranis Resources is taking the province to court over permitting delays that the company says may be related to a mischaracterization by the Mines minister. Nelson Bennett - Business in Vancouver | October 18, 2023 | 4:10 pm
Alcoa starts job cuts at alumina refinery in Western Australia The company said it has “initiated a restructuring program” at the Kwinana alumina refinery located near Perth. Bloomberg News | October 18, 2023 | 3:15 pm
Brazil’s Batista brothers to invest $1 billion to boost iron ore mines J&F, the family holding, emerged as the surprise buyer of Vale’s iron ore and manganese mines in the central west state of Mato Grosso do Sul. Bloomberg News | October 18, 2023 | 1:22 pm
Canadian technology company creates metals supply chain software to combat fraud Alberta-based Daniola says it has developed a secure digital platform to bring more accountability and transparency to metals transactions. Amanda Stutt | October 18, 2023 | 11:17 am
BHP CEO says ‘ship has sailed’ on potential acquisition of Canada’s Nutrien The world’s biggest mining company is concentrated on building its own potash business instead. Niall McGee - The Globe and Mail | October 18, 2023 | 10:49 am
Brazilian court rules in favor of Brazil Potash’s Autazes project The $2.5 billion project aims to provide an initial output that is sufficient to cover approximately 20% of Brazil’s potash needs. Bruno Venditti | October 18, 2023 | 10:49 am
Rio Tinto aims to add more iron ore with stronger China outlook The producer will spend $70 million to lift production at Gudai-Darri, its newest mine in Western Australia’s Pilbara region. Bloomberg News | October 18, 2023 | 10:25 am
Funds return to LME nickel with $4.6 billion in short positions Measured by value, that’s a record in data going back to 2018, while in tonnage terms the mismatch is near an all-time high seen in 2019. Bloomberg News | October 18, 2023 | 9:39 am
Gold price rises to 11-week high on escalating Middle East conflict Bullion has been on the rise since Hamas’ surprise attack on Israel earlier this month, up more than 5% over that period. Staff Writer | October 18, 2023 | 9:18 am