LME blocks new metal from Russia’s UMMC after UK sanctions The move is by far the most significant restriction on Russian supplies by the world’s main metals market since the invasion of Ukraine. Bloomberg News | October 5, 2022 | 1:53 pm
De Beers rough diamond sales for eighth cycle of the year at $500 million Sales declined 21.6% from the previous Sight but were flat compared to the same period last year. Staff Writer | October 5, 2022 | 12:56 pm
Antofagasta CEO voices concern about recession hitting copper prices Earlier on Wednesday the government cut its 2023 average price estimate to $3.62 per pound, from a previous estimate of $3.92 last July. Reuters | October 5, 2022 | 12:23 pm
Sayona awards $147m mining contract to L. Fourier et Fils for restarting lithium mine This is one of the largest such contracts ever signed in Quebec. Staff Writer | October 5, 2022 | 11:34 am
GoviEx Uranium doubles financing on strong investor demand GoviEx will increase the size of its recently announced financing from C$5 million to C$10 million. Staff Writer | October 5, 2022 | 10:54 am
Site visit: Bunker Hill Mining on a fast track to generating cash flow by Q3/23 The legacy Bunker Hill zinc-lead-silver mine in Shoshone County, Idaho, is set for a near-term revival with proponent Bunker Hill Mining (CSE: […] Henry Lazenby in Kellogg, Idaho | October 5, 2022 | 10:40 am
Gold continues to rise, fueled by bullish sentiment While gold, silver and mining stocks continued their uprisings, their rallies are built on foundations of sand. Sunshine Profits | October 5, 2022 | 10:00 am
The Top 10 EV battery manufacturers in 2022 Despite efforts from the United States and Europe to increase the domestic production of batteries, the market is still dominated by Asian suppliers. Visual Capitalist - Elements | October 5, 2022 | 9:52 am
Visualizing the world’s largest iron ore producers Iron is the fourth most abundant element on the planet after oxygen, silicon, and aluminum. Visual Capitalist - Elements | October 5, 2022 | 9:41 am