Vedanta tops Q2 profit view on higher metals prices Vedanta benefitted from higher prices of aluminum, zinc and copper, its biggest businesses. Reuters | November 8, 2024 | 7:22 am
Mining People: Blue Moon, Kirkland Lake Discoveries, Scorpio Gold, Group Eleven, Urano Key moves in the mining sector. Staff Writer | November 8, 2024 | 6:20 am
Global Lithium raises alarm over potential foreign takeover The Australian company fears that Chinese national and minority shareholder Leon Zhu is attempting to gain control of the firm. Cecilia Jamasmie | November 8, 2024 | 3:56 am
Huayou seeks $2.7 billion for Ford-backed Indonesia nickel plant The fundraising comes as benchmark nickel prices trade near a four-year low amid weaker demand from the stainless steel market. Bloomberg News | November 7, 2024 | 5:05 pm
Osisko Development’s Cariboo gold project faces legal threat as Xatśūll demands consent The project threatens community health, cultural sites and traditional practices due to potential contamination and restricted land access, the Nation said. Henry Lazenby - The Northern Miner | November 7, 2024 | 3:55 pm
Mineral Resources put on watchlist by shareholder Superannuation fund HESTA has placed the Perth-based mining services firm on watchlist over governance concerns. Reuters | November 7, 2024 | 2:06 pm
MP Materials posts smaller-than-expected loss on higher output, sales The company sold 9,729 metric tons of that concentrate during the quarter, 6% higher than the year-ago period. Reuters | November 7, 2024 | 2:03 pm
Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices The company posted third-quarter net income of $16.1 million, compared to $87.4 million in the year-ago quarter. Reuters | November 7, 2024 | 1:47 pm
Canada’s auditor general snaps at climate, Indigenous gaps in critical minerals strategy Government program issued in 2022 budgets C$3.8 billion on critical minerals support over eight years. Colin McLelland - The Northern Miner | November 7, 2024 | 1:33 pm