Southern Silver offers Cerro Las Minitas PEA with $349 million NPV, 60-month payback The PEA puts the gross revenues over 15 years of mining at $3.7 billion. Staff Writer | August 29, 2022 | 12:40 pm
Collective Mining drills 180.6 metres of 2.43 g/t gold equivalent at Apollo target in Colombia Apollo is one of eight porphyry-related targets the company has found within a 3-km by 4-km cluster, and is part of the Guayabales project. Northern Miner Staff | August 29, 2022 | 12:32 pm
Graphite One prefeasibility outlines $1.2bn capex for Alaska mine and Washington state plant The company estimates it will take three years to permit and build the graphite manufacturing facility and on average, the plant would produce about 49,615 tonnes of anode material per year. Staff Writer | August 29, 2022 | 9:35 am
Copper price back below $8,000 as hawkish Fed outweighs supply risk “The recession fears are still there in the background,” said WisdomTree commodity strategist Nitesh Shah. MINING.COM Staff Writer | August 29, 2022 | 9:07 am
Honda and LG to build $4.4bn EV battery plant in US They aim to produce 40 GW-hours of batteries annually at the plant — enough for more than 700,000 EVs, based on the IEA’s estimate. Cecilia Jamasmie | August 29, 2022 | 9:01 am
Dubai Diamond Exchange sees trade worth $19.8bn in the first half of year Dubai has grown its diamond industry by leveraging its proximity to Africa and Russia. Reuters | August 29, 2022 | 8:41 am
Elon Musk says the world needs more oil and gas as a bridge to renewables Musk made his comments as Europe is grappling with its worst energy crisis in decades. Bloomberg News | August 29, 2022 | 8:30 am
Goldman says ‘buy commodities now, worry about recession later’ “Our economists view the risk of a recession outside Europe in the next 12 months as relatively low,” bank analysts said. Bloomberg News | August 29, 2022 | 8:18 am
China-linked bots attacking rare earths producer ‘every day’ Fake social media accounts linked to the Chinese Communist Party are posting daily attacks on Lynas Rare Earths, according to the company. Bloomberg News | August 29, 2022 | 8:01 am