McEwen eyes copper IPO as soon as November for Argentina project While McEwen is funded into next year as it drills the Los Azules project, it may go public later in 2023 or early 2024 to bankroll a feasibility study. Bloomberg News | August 15, 2023 | 10:18 am
China’s Canmax resolves lithium offtake dispute with Premier African Minerals Canmax had moved to terminate the deal in June after Premier failed to start delivering the lithium concentrate as promised. Reuters | August 15, 2023 | 9:59 am
Barrick boss slams western funds’ shortsightedness, praises Saudi’s PIF Saudi's PIF has been looking to invest in copper projects across the world, as part of its drive towards funding energy transition projects. Staff Writer | August 15, 2023 | 9:50 am
Column: China’s iron ore imports may hold up despite gloomy economy The Chinese central bank cut policy rates on Tuesday, the second reduction in three months. Reuters | August 15, 2023 | 8:32 am
Iron ore price climbs as China’s PBOC cuts rates to support recovery The metal rose after the People’s Bank of China cut the rate on one-year loans by 15 basis points — the most since 2020. Bloomberg News | August 15, 2023 | 8:20 am
Ecuador’s tense vote also threatens to end mining, oil projects Ecuadorians are expected to vote in favor of referendums to order the closing of a major oil field and restrict gold and copper mining. Bloomberg News | August 15, 2023 | 8:10 am
More than 50 firms want in on new lithium-mining model in Chile Bidding for the exploration contracts is scheduled to take place early next year. Bloomberg News | August 15, 2023 | 8:04 am
Weak demand sends near-term LME aluminum discount to highest since 2008 The LME benchmark three-month aluminum contract dropped to its lowest since July 7. Reuters | August 15, 2023 | 7:45 am
Miners face ‘considerable challenges’ meeting demand from US climate law – study Nickel and cobalt supplies are unlikely to satisfy demand, S&P Global said in a report. Reuters | August 15, 2023 | 7:41 am