BASF says its battery material plant will be running by year-end The battery materials business is one of two major investment projects at BASF. Reuters | November 1, 2022 | 10:21 am
BofA overtakes BMO as top mining M&A financial adviser by value for Q1-Q3 – report Bank of America achieved its leading position by value by advising on $7.8 billion worth of deals. MINING.com Editor | November 1, 2022 | 10:00 am
Copper price jumps on weaker dollar The head of the European Central Bank said further interest rises would come despite the rising probability of a euro zone recession. MINING.COM Staff Writer | November 1, 2022 | 9:16 am
‘Bait and switch’: House Committee asks A.G. to investigate alleged Pebble deception A US Transportation and Infrastructure House Committee report recommends asking the attorney general to investigate alleged false statements made by the company to Congress. Henry Lazenby | November 1, 2022 | 9:07 am
Turquoise Hill delays shareholder meet on $3.3bn Rio Tinto buyout Rio recently raised its offer but still faces opposition from multiple parties including Turquoise Hill's second-largest shareholder. Reuters | November 1, 2022 | 9:06 am
PIF, Mitsui eye stake in Vale’s base metals business Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say. Bloomberg News | November 1, 2022 | 8:53 am
China Hongqiao: Plan to shift aluminum output on track despite Yunnan’s power woes The government ordered primary aluminum producers to cut their power usage by at least 10% in September. Reuters | November 1, 2022 | 8:37 am
Banks bolster metals-trading desks after wild year for markets Top banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years. Bloomberg News | November 1, 2022 | 8:29 am
First Majestic drills 19.97 g/t Au over 20.9m near active underground mine area at Jerritt Canyon The latest results come from the area along the connection drift between the Smith and SSX underground mines. Staff Writer | November 1, 2022 | 8:27 am