Iron ore price extends gains on China stimulus bets Regulators were considering a package of measures including further relaxing restrictions for residential purchases. Reuters | June 5, 2023 | 9:27 am
Global copper smelting bounces in May on Chinese strength Smelting activity in the rest of the world, however, was still lacklustre. Reuters | June 5, 2023 | 9:21 am
China’s EV battery sector is preparing a new breakthrough Gotion High-Tech Co. recently unveiled a lithium-iron-manganese-phosphate battery. Bloomberg News | June 5, 2023 | 9:17 am
MAG Silver’s Juanicipio project in Mexico enters commercial production The underground mine, located in the Fresnillo silver trend of Mexico, is owned 44% by MAG and 56% by Fresnillo plc, its operator. Staff Writer | June 5, 2023 | 9:12 am
When will Africa get its first gigantic battery factory? China, by far the world leader in battery production, has at least 180 large battery factories. Bloomberg News | June 5, 2023 | 7:49 am
Top climate finance group floats guidance on Asia coal phaseout The region’s largest economies are highly dependent on coal, with the fuel accounting for roughly 60% of power generation. Bloomberg News | June 5, 2023 | 7:42 am
Japanese miners see Chile’s tax hikes deterring new investment Lawmakers in Chile gave final approval in May for a long-awaited mining tax reform. Reuters | June 5, 2023 | 7:34 am
Fortuna Silver reports worker death at Peru mine The accident occurred during underground mining operations at the Caylloma mine. Reuters | June 5, 2023 | 7:31 am
Alpha Lithium says Tecpetrol hostile bid not official yet The energy firm has threatened to bypass Alpha Lithium's board and take its C$1.24-a-share takeover offer directly to shareholders. Cecilia Jamasmie | June 5, 2023 | 6:50 am