Zinc’s wild week may signal volatile era as supplies squeezed Supply pressures have made zinc the best performer of the LME’s six base metals this year. Bloomberg News | December 2, 2024 | 7:01 am
Larvotto Resources signs antimony offtake agreement with Wogen The Australian company aims to produce 5,400 tonnes of antimony annually at Hillgrove. Reuters | December 2, 2024 | 6:52 am
De Beers closes 2024 with huge price cuts The world’s largest diamond producer by value has reportedly cut prices between 10% and 15% across the board. Cecilia Jamasmie | December 2, 2024 | 6:18 am
Norway forced to pause Arctic seabed mining plans A small left-wing environmentalist party secured an agreement to delay the initiative in exchange for supporting the national budget. Cecilia Jamasmie | December 2, 2024 | 4:06 am
Northern Star Resources to buy De Grey Mining in $3.3 billion deal The deal gives Northern Star access to De Grey's Hemi gold development project in Western Australia. Reuters | December 1, 2024 | 3:00 pm
Peru names Jorge Montero as minister of mines and energy Montero served as Peru's vice minister of mines from November 2020 to August 2021. Reuters | December 1, 2024 | 11:40 am
Peru votes to extend informal mining permits for six more months Informal mining workers have blockaded key highways to pressure for an extension. Bloomberg News | December 1, 2024 | 9:28 am
Global mineral exploration activity in October was highest in a year, S&P data shows According to S&P, funds raised by junior and intermediate miners nearly quadrupled to $1.61 billion in October, the highest since March 2022. Staff Writer | December 1, 2024 | 8:47 am
Canada’s oil and gas drilling forecast to hit decade high in 2025 – report The Canadian Association of Energy Contractors reports the highest levels of drilling activity and associated jobs since 2015. Staff Writer | November 29, 2024 | 4:58 pm
