Chile copper production at main mines down in May Copper output from Escondida fell 21.5% to 83,900 metric tons. Reuters | July 5, 2023 | 2:08 pm
US says it opposes export controls by China on metals, will consult allies The United States "firmly" opposes export controls announced by China on gallium and germanium, a US Commerce Department spokesperson said. Reuters | July 5, 2023 | 12:36 pm
Gold price could hit $12,000-$15,000 long term as it enters new bull phase, says analyst We are still in the early days of the gold bull market, according to those at Goehring & Rozencwajg. Staff Writer | July 5, 2023 | 12:08 pm
What are gallium and germanium? Niche metals hit by China curbs Excluding China, other countries with gallium production capacity include Russia and Ukraine. Bloomberg News | July 5, 2023 | 11:28 am
World’s biggest nuclear power plant being planned in Canada The Ontario government said Bruce Power will conduct an environmental assessment of adding as much as 4.8 gigawatts of capacity to its plant. Bloomberg News | July 5, 2023 | 11:19 am
Huayou commissions $300 million Zimbabwe lithium plant The Arcadia plant took nine months to construct and started exporting concentrates in April. Reuters | July 5, 2023 | 11:11 am
These are the world’s most valuable gold mines in development In a recent report, Metals Focus ranked the top most valuable gold development projects, using its proprietary five-year gold and silver price forecasts for NPV calculations. Frank Holmes - U.S. Global Investors | July 5, 2023 | 11:02 am
Codelco says 2023 copper production further hurt by heavy rains The total production for the year is set to be in the lower estimated range of 1.35-1.42 million metric tons. Reuters | July 5, 2023 | 10:24 am
Barrick Gold rolls out new 10-year plan at Kibali mine The new business plan for the giant gold mine aims to secure its status as Tier One asset for the next decade. Staff Writer | July 5, 2023 | 10:13 am