Teck misses copper, zinc guidance for 2023, coal production higher Annual production was impacted by challenges across operations through the year. Staff Writer | January 16, 2024 | 5:01 pm
Rio Tinto sees stimulus boost in China to drive gradual recovery for iron ore demand While prices of iron ore closed 2023 about 20% higher, they’ve lost about 8% so far this year. Bloomberg News | January 16, 2024 | 4:20 pm
First Quantum offers voluntary retirement to over 1,500 Panama mine staff The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers. Reuters | January 16, 2024 | 11:30 am
Uranium developer Denison options Saskatchewan lithium brine project The cash is expected to offer more than enough funding for a field pilot at the Kindersley lithium project. Blair McBride | January 16, 2024 | 11:15 am
Eldorado Gold to hold 9.9% of Amex Exploration with share purchase Amex’s flagship project is the Perron gold property located 110 km north of Rouyn-Noranda, Quebec. Staff Writer | January 16, 2024 | 11:04 am
Seabridge boosts Courageous Lake M+I resource to 11 million oz. gold Courageous Lake now has an after-tax net present value with a 5% discount of $523 million. Staff Writer | January 16, 2024 | 10:49 am
Kenorland converts JV interest in Frotet gold project into NSR royalty This would end the joint venture partnership with Sumitomo Metal Mining established in 2018. Staff Writer | January 16, 2024 | 10:49 am
Indonesia approves Freeport’s mining quota for 2024-2026 Indonesia last year changed mining production plans from annual to valid for three years. Reuters | January 16, 2024 | 10:03 am
Train collision disrupts supplies to Africa’s biggest coal port The disruption comes as Transnet struggles to improve its performance, particularly on the line that transports coal from mines in South Africa’s Mpumalanga province to the Richards Bay Coal Terminal. Bloomberg News | January 16, 2024 | 9:41 am