Global coal use at power plants to peak in 2023, Rystad says Burning coal will produce about 10,373 terawatt-hours of electricity worldwide in 2023, the Oslo-based research company says. Bloomberg News | December 4, 2023 | 1:39 pm
Rio Tinto okays new solar farm and battery storage at Amrun bauxite operations Rio said the project will help it reduce scope 2 emissions at its Weipa operations by up to 10%. Staff Writer | December 4, 2023 | 1:22 pm
Western start-ups seek to break China’s grip on rare earths refining The existing standard to refine these strategic minerals is an expensive and dirty process that China has spent the past 30 years mastering. Reuters | December 4, 2023 | 11:18 am
Top Chinese lithium producers to fund Atlas project in Brazil The company will partner with Chengxin and Yahua, suppliers of lithium hydroxide to Tesla, BYD, and LG. Staff Writer | December 4, 2023 | 11:17 am
Peru’s deadly gold mine attack highlights growing security risk, costs The latest attack at Poderosa has highlighted a growing risk for miners in the Andean nation. Reuters | December 4, 2023 | 10:59 am
CaNickel selling Bucko Lake nickel project to Cobalt One for $59 million The Bucko Lake mine operated from 2009 to 2012. Staff Writer | December 4, 2023 | 10:54 am
Argonaut Gold arranges $59 million bought deal public offering The net proceeds will be used to fund its Magino gold mine in Ontario and Florida Canyon gold mine in Nevada. Staff Writer | December 4, 2023 | 10:51 am
Gold ETF records strongest inflows in 20 months SPDR Gold Shares ETF posted net inflows of over $1 billion in November. Reuters | December 4, 2023 | 10:21 am
Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023 The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons. Reuters | December 4, 2023 | 10:06 am
