SQM expects to close Codelco lithium deal by May 31 deadline Some analysts had cautioned the deal could be delayed after an earlier deadline was extended two months due to complexities in the negotiation. Reuters | May 23, 2024 | 11:16 am
Mining People: Nations Royalty, Wesdome, American Eagle Gold, Getchell Gold, Moonbound, Scorpio Gold Key moves in the mining sector. Staff Writer | May 23, 2024 | 11:15 am
Aris Mining gains controlling stake in Soto Norte project Aris is starting a pre-feasibility study for the new development plan, which it expects to complete by early 2025. Staff Writer | May 23, 2024 | 11:02 am
Equinox pours first gold at Greenstone mine in Ontario Equinox is targeting 90% of the 27,000 tonne-per-day plant by the end of 2024. Staff Writer | May 23, 2024 | 10:54 am
Pakistan coal miners face expansion issue as China stops funding In 2021, China President Xi Jinping pledged to halt all coal construction and financing abroad. Bloomberg News | May 23, 2024 | 10:49 am
Gold price drops to one-week low on hawkish Fed, US data Making bullion less attractive, US business activity accelerated to its highest level in over two years in May. Staff Writer | May 23, 2024 | 10:27 am
US Congress to fund $2m Pentagon study on deep sea mining The Pentagon will explore the feasibility of refining ocean-floor minerals in the U.S., reports the Wall Street Journal. Staff Writer | May 23, 2024 | 9:56 am
Bonds’ decades-long lead over gold vanishes as debt worries grow A dollar invested in gold 51 years ago is now worth $2,314, $172 more than the return pegged to the Bloomberg Treasury index. Bloomberg News | May 23, 2024 | 9:42 am
Zimbabwe state miner says lithium assets attract investors Kuvimba has identified a lithium ore resource of 38 million tons at Sandawana, the site of a mothballed emerald mine formerly run by Rio Tinto. Bloomberg News | May 23, 2024 | 9:08 am