Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion The miner is actively looking for copper projects in Peru that can yield at least 50,000 tonnes of the red metal for 10 years or more. Cecilia Jamasmie | September 16, 2024 | 8:08 am
CarbonScape picks site for biographite production demo plant CarbonScape is developing a low-cost and carbon-negative biographite made from wood biomass. Staff Writer | September 16, 2024 | 8:02 am
Ivanhoe Electric says Santa Cruz PFS on track for Q2 2025 The PFS will include a mine plan that will be supported by a new mineral resource and reserve estimate. Staff Writer | September 16, 2024 | 8:02 am
Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut The bank cited market oversupply even though demand from top consumers in China is stabilizing. Reuters | September 16, 2024 | 7:25 am
Zimbabwe to tackle gold smuggling by boosting mine surveillance The country loses $1.5 billion of gold a year to smugglers. Bloomberg News | September 16, 2024 | 7:07 am
China’s grip on rare earths undercuts projects from US to Japan A slump in prices since 2022 is undermining the business case for rare earth projects. Bloomberg News | September 16, 2024 | 7:05 am
LME appoints former banker as chief financial and administrative officer Robert Arbuthnott served as head of group finance and chief accountant for the Credit Suisse Group for seven years. Reuters | September 16, 2024 | 6:39 am
Chinese investor steps in to block Paladin’s Fission Uranium buy CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up. Cecilia Jamasmie | September 16, 2024 | 3:49 am
Dearth of quality new gold discoveries to stifle supply — report S&P also says it expects gold supply to peak in 2026 at 110 million ounces. Staff Writer | September 15, 2024 | 8:30 am
