Calibre raising $74m to advance projects in Canada, US and Nicaragua Chief among Calibre’s projects is the wholly owned Valentine open pit gold development in central Newfoundland. Staff Writer | March 20, 2024 | 11:00 am
Platinum metals face structural hit to demand from electric vehicle revolution According to analysts at Macquarie, demand for both platinum and palladium from the auto sector will start falling beyond 2025. Reuters | March 20, 2024 | 10:30 am
China’s copper smelters to discuss fees as crisis roils sector Smelters including Jiangxi Copper and Tongling Nonferrous Metals Group will meet in Shanghai next Thursday, according to Bloomberg. Bloomberg News | March 20, 2024 | 10:10 am
Barrick looks to explore new gold, copper deposits in the DRC Last year, Barrick said it intended to search for additional copper deposits in Zambia and the DRC as part of its efforts to expand its presence in the African copper belt. Staff Writer | March 20, 2024 | 9:30 am
Peru approves Buenaventura silver mine with $144 million investment The Yumpag project was approved to mine 1,000 tonnes per day, allowing it to produce an estimated 6.5-7.2 million oz. of silver by 2024. Reuters | March 20, 2024 | 8:55 am
CleanTech Lithium’s pilot plant in Chile starts operations The first production of eluate was completed in the past week, and it will be shipped to North America. Staff Writer | March 20, 2024 | 7:53 am
China coal industry group expects output growth to slow in 2024 The projection comes on the back of record output in 2023. Reuters | March 20, 2024 | 7:40 am
Zimplats to offer voluntary job cuts after platinum price rout Zimplats did not say how many of the 8,000 permanent and contract jobs were targeted. Reuters | March 20, 2024 | 7:28 am
Shanghai nickel, tin prices fall as Indonesia ramps up mining quota approval process A senior Indonesian mining ministry official said the country was working to accelerate the approval process. Reuters | March 20, 2024 | 7:20 am