Endeavour Mining plunges after firing CEO for serious misconduct The miner removed de Montessus after discovering an alleged “irregular payment instruction” of $5.9 million related to an asset sale. Bloomberg News | January 5, 2024 | 3:21 am
Freeport Indonesia requests export ban exemption beyond May 2024 The company's smelter will not reach full capacity before December. Reuters | January 5, 2024 | 3:10 am
Zimbabwe gold mine collapse leaves 11 miners trapped Workers are trapped in an underground shaft after a ground collapse at Zimbabwe's Redwing Mine. Reuters | January 5, 2024 | 3:02 am
Cordoba rises on $40 million for Colombian copper project The latest installment from JCHX bolsters Cordoba’s financial standing as it seeks to reorganize its debt. Henry Lazenby | January 4, 2024 | 2:42 pm
Lithium price plummet due to continue Australia, which mined about half the world’s lithium in 2022, forecasts the spot price of spodumene will fall to $2,200 per tonne in 2025. Colin McClelland | January 4, 2024 | 1:45 pm
Buenaventura sees Antofagasta as ally in copper growth plans While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan. Bloomberg News | January 4, 2024 | 12:43 pm
Palladium price falls as concern EVs will destroy demand returns to the fore Commodity analysts said technical factors also played a part. Reuters | January 4, 2024 | 11:59 am
Maaden sees Aramco fuel price hike hitting earnings “The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing. Bloomberg News | January 4, 2024 | 10:54 am
Wealth Minerals releases positive PEA for $1.15bn Kuska lithium project in Chile Baseline capital expenditures are estimated at $749 million, including $44 million to be spent on additional exploration and permitting. Staff Writer | January 4, 2024 | 10:42 am
