Albemarle aims to close buyout of Liontown by mid-2024 The deal is non-binding and still must be formalized and approved by shareholders. Reuters | September 5, 2023 | 11:06 am
Skeena boosts Snip indicated resource by 237% to 823,000 oz The increased tonnage in the indicated resource comes as the inferred resource shrinks to 499,000 oz. of gold. Staff Writer | September 5, 2023 | 10:29 am
Cameco 2023 forecast down at Key Lake, Cigar Lake, McArthur River operations Total production from operations is forecast to be 30.3 million lb. uranium concentrate (U3O8), down approximately 9%. Staff Writer | September 5, 2023 | 10:27 am
Chinese firms vie for $2 billion Botswana copper mine Three Chinese groups are among suitors still in the race to acquire the Khoemacau project. Bloomberg News | September 5, 2023 | 10:19 am
Codelco raises $2 billion in bond offering The state-run miner is not only battling to reignite copper production which is at its lowest level in 25 years, but is also facing calls to rein in its debt. Reuters | September 5, 2023 | 10:04 am
Vale to start building Middle East ‘mega hubs’ in 2024 Vale had announced last year plans to develop the plants in Saudi Arabia, the United Arab Emirates and Oman. Reuters | September 5, 2023 | 9:59 am
Aura Minerals declares commercial production at Almas gold mine in Brazil Approximately 4,661 ounces of gold were produced in August, with gross revenues of approximately $9 million recognized in the month. Staff Writer | September 5, 2023 | 9:38 am
Sigma Lithium to announce decision on Grota do Cirilo expansion this month The company is already producing in phase one of the mine, with expected production of 130,000 tonnes of battery-grade lithium concentrate this year. Staff Writer | September 5, 2023 | 9:02 am
Rio Tinto names Jerome Pecresse as new aluminum CEO, eyes low-carbon future Executive has held senior leadership roles in companies such as General Electric and GE Renewable Energy. Reuters | September 5, 2023 | 8:23 am