Monarch Mining under creditor protection in last-ditch effort to avoid bankruptcy PwC will oversee the company’s activities during the process, which has already seen the resignations of four directors. Staff Writer | November 16, 2023 | 3:28 am
China’s Zhejiang province signs $5.14bn worth of deals with Indonesia Deals were signed in areas such as new energy equipment manufacturing, metal material production and financial services. Reuters | November 15, 2023 | 5:14 pm
Australia’s Galan signs lithium supply deal with Glencore Glencore has also offered to provide a financing prepayment facility between $70 million and $100 million. Reuters | November 15, 2023 | 2:40 pm
Canada’s Lassonde ‘mystified’ by Teck choice of Glencore bid for coal unit Pierre Lassonde said his consortium's offer was credible and comparable to what Teck's board accepted from Glencore. Reuters | November 15, 2023 | 12:34 pm
All the metals we mined in one visualization This infographic visualizes the 2.8 billion tonnes of metals mined in 2022, including precious metals, industrial metals, and more. Visual Capitalist | November 15, 2023 | 12:03 pm
Billionaire lithium crashers hamper Australian deals, miners say The country’s lithium industry has seen a frenzy of deals this year. Bloomberg News | November 15, 2023 | 10:58 am
Codelco cuts cocktail party, tables in key Asia copper event amid restructuring Codelco chairman has said the company is reassessing the costs of upgrades to the life of its mines. Reuters | November 15, 2023 | 10:51 am
PDAC lists 2024 major award winners The Prospectors and Developers Association of Canada has announced that five outstanding groups will be presented with awards at its next convention, March 3-6, 2024, in Toronto. Staff Writer | November 15, 2023 | 10:43 am
Rio Tinto fires former head of aluminum division on info breach Ivan Vella, who has spent two decades at the mining giant, was already due to leave the company in December. Reuters | November 15, 2023 | 10:39 am
