Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire A new PEA gave the project a post-tax net present value of $257 million and an internal rate of return of 22.3%. Staff Writer | March 25, 2024 | 6:46 am
US awards record $6bn to back industrial emissions reduction projects The initiative, the single largest industrial decarbonization investment in US history, will subsidize 33 industrial projects in 20 states. Reuters | March 25, 2024 | 5:58 am
Goldman says commodities to gain as central banks cut rates Among Goldman’s year-end forecasts, copper was seen at $10,000 a ton, aluminum at $2,600 a ton, and gold at $2,300 an ounce. Bloomberg News | March 25, 2024 | 5:49 am
Cocoa is more expensive than copper as it tops $9,000 Futures are up about 50% this month alone and have more than doubled already this year. Bloomberg News | March 25, 2024 | 5:44 am
China’s top miner says it ‘will be targeted’ amid US risks Zijin Mining has warned that US-led efforts to tackle Beijing’s control of minerals could slow the company’s global expansion. Bloomberg News | March 25, 2024 | 5:36 am
Researchers evaluate paths to create super diamonds Super diamonds are scientifically known as eight-atom body-centred cubic crystals. Staff Writer | March 25, 2024 | 5:36 am
America’s lithium laws fail to keep pace with rapid development Washington's drive to make the United States a major global lithium producer is being held back by a confusing mix of state regulations. Reuters | March 25, 2024 | 5:28 am
Gemfields loses sparkle as profit falls 86% on cancelled auction The decline was partly due to unrealized fair value losses of $28 million from the company's stake in Sedibelo Resources. Staff Writer | March 25, 2024 | 5:03 am
Taseko to become sole owner of Gibraltar mine It will pay $86m over a period of ten years for the remaining 12.5% of Canada's second largest open-pit copper mine. Cecilia Jamasmie | March 25, 2024 | 3:41 am