Codelco’s copper production up 10% in August The BHP-controlled Escondida mine saw production rise 15.5% to 105,300 tons. Reuters | October 10, 2024 | 12:09 pm
NexGold, Signal Gold merger aims to create 200,000 oz/y producer The transaction, said the companies, would bring two near-term development projects together and eliminate the single-asset risks. Staff Writer | October 10, 2024 | 11:49 am
Teck CEO says Canada must spend more to erode China’s critical minerals dominance Price noted that Canada has committed $4 billion over eight years to support critical mineral development, compared to $20 billion that China invested in 2023. Bloomberg News | October 10, 2024 | 11:45 am
St Barbara updates PFS for 15-Mile, Beaver Dam in Nova Scotia The study assumes the Touquoy gold mill will be relocated to provide 2.1 million t/y of processing capacity. Staff Writer | October 10, 2024 | 10:39 am
Russian LME aluminum stocks account for 66% of total in September The share of aluminum of Indian origin rose to 32% from 31%, LME data also showed. Reuters | October 10, 2024 | 10:09 am
Mining stocks may drop 20% if US tariffs imposed – JPMorgan The bank cited tariffs as a key factor behind the sector's more than 10% drop in 2017-2018 during the Trump administration. Staff Writer | October 10, 2024 | 9:58 am
Gold price to decline based on bond yield moves It is the real yield that has a clear impact on gold, while the impact of nominal yields is not as clear. Sunshine Profits | October 10, 2024 | 9:13 am
Coal expansion helps lure insurers back to Whitehaven The development follows Sydney-based Whitehaven’s $3.2 billion purchase of coking-coal operations from BHP Group. Bloomberg News | October 10, 2024 | 9:03 am
Northisle Copper and Gold updates resource ahead of PEA release The North Island project resource now totals 906 million tonnes indicated grading 0.16% copper, 0.24 g/t gold and 75 ppm molybdenum. Staff Writer | October 10, 2024 | 8:45 am
