Gates, Bezos-backed firm gets cash injection to find battery metals KoBold Metals, which uses AI to create a “Google Maps” of the Earth’s crust, raised $192.5 million in its latest financing round. Cecilia Jamasmie | February 10, 2022 | 6:48 am
Advanced Marimaca project still in the ‘early stages of discovery,’ says CEO Marimaca Copper entails a rare combination of low upfront capital and bottom-quartile operating cost. Henry Lazenby | February 9, 2022 | 1:18 pm
Panama to receive First Quantum’s plan for power plant conversion by June The plant conversion could be a milestone in a clean energy plan that aims to cease the use of bunker and coal for power generation by December 2023. Reuters | February 9, 2022 | 12:57 pm
ITA appoints new CEO to deliver future vision for the tin industry Helen Prins joins ITA from Shell, where she has held sustainability roles for over 20 years. MINING.com Editor | February 9, 2022 | 12:07 pm
Copper price: Global stocks are down to three days’ consumption October 2021’s copper squeeze sent the bellwether metal into record territory – now warehouses again only have enough metal to last a long weekend. Frik Els | February 9, 2022 | 9:11 am
The commodity gauges that underpin Goldman’s uber-bullish view There are more commodities futures contracts trading in backwardation than at any point since at least 1997. Bloomberg News | February 8, 2022 | 12:46 pm
New LME stocks squeeze is creeping up on Doctor Copper LME copper stocks give every appearance of experiencing a second grab-it-while-you-can impulse wave, writes Andy Home. Reuters | February 8, 2022 | 6:46 am
British Columbia denies permit for Morrison copper-gold mine again The project in the Canadian province has been stuck in the environmental assessment stage for 19 years. Cecilia Jamasmie | February 8, 2022 | 3:44 am
Americans face record metals prices as shipping costs surge Supply-chain snags dominated headlines through most of 2021, catapulting commodities prices to the highest in more than a decade. Bloomberg News | February 7, 2022 | 10:10 am