World’s best large IPO of 2023 is Indonesia miner with 150% gain Shares of PT Amman Mineral International are up 153% since their debut on July 7. Bloomberg News | August 29, 2023 | 8:53 am
Mali president signs new mining code in bid to raise govt stake The new code will allow the state and local investors to take stakes as high as 35% in mining projects. Reuters | August 29, 2023 | 8:29 am
Sibanye says still in race for Zambia’s Mopani Copper Mine assets The company said a competitive process to determine a successful bidder is under way. Reuters | August 29, 2023 | 8:27 am
Hindustan Zinc eyes jump in output under chair Agarwal Hebbar The company wants to grow its annual mined metal output to 1.5 million tons, from around 1 million tons now. Bloomberg News | August 29, 2023 | 8:24 am
Iron ore’s unexpected rally shows pockets of China strength The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. Bloomberg News | August 29, 2023 | 8:11 am
Piedmont Lithium receives first payment for NAL shipment NAL, which started commercial production in March this year, is jointly owned by Sayona Mining and Piedmont Lithium. Reuters | August 29, 2023 | 7:43 am
E3 Lithium opens Alberta’s first DLE pilot plant Demonstrating DLE at pilot scale will enable E3 to move forward towards commercializing the extraction process at its Alberta plant. Cecilia Jamasmie | August 29, 2023 | 6:43 am
New coating for coal-fired power generation systems could save 460 million tonnes of CO2 annually A new coating for steam condensers used in fossil fuel steam-cycle generation could boost the overall process efficiency by 2%. Staff Writer | August 29, 2023 | 6:06 am
Rio Tinto-First Quantum JV to develop massive copper project in Peru La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal. Cecilia Jamasmie | August 29, 2023 | 3:50 am