Alita Resources’ administrators confirm buyout talks, start liquidation Separately, Glencore has launched a secret deal to acquire all the debt in Alita. Reuters | August 31, 2023 | 1:45 pm
Lifezone reports strong results at Kabanga nickel project ahead of feasibility The drill results come almost two months after Lifezone began trading on the NYSE, following the business combination between Lifezone Holdings and special purpose acquisition company GoGreen Investments. Blair McBride | August 31, 2023 | 12:27 pm
BHP speeds up Jansen project in Saskatchewan despite falling potash prices Construction outlays at the site 180 km north of Regina are planned to rise to $1 billion from $647 million. Colin McClelland | August 31, 2023 | 11:51 am
Minsur to invest at least $2bn as it expands copper, tin operations This includes an investment of $1.8 billion in the Justa mine. Reuters | August 31, 2023 | 10:43 am
Top Middle East aluminum maker sees prices rising with demand Emirates Global Aluminium expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months. Bloomberg News | August 31, 2023 | 10:31 am
Europe’s top copper producer Aurubis hit by huge metals scam The company said related damages might be in the low, three-digit-million-euro range. Bloomberg News | August 31, 2023 | 10:22 am
Marathon Gold says addition of Berry pit would not require new impact assessment According to Marathon, the addition of Berry deposit would significantly improve the Valentine project’s projected production profile. Staff Writer | August 31, 2023 | 9:45 am
Vale starts producing test loads of iron ore briquettes The product will help steelmakers cut their carbon emissions up to 10%. Staff Writer | August 31, 2023 | 9:23 am
The biggest fossil fuel subsidies are indirect, and bigger than ever The IMF calculated that just over $7 trillion in subsidies went to fossil fuels last year. Bloomberg News | August 31, 2023 | 8:16 am