Tumbling lithium prices push Albemarle to fresh round of cost cuts To save costs, the company is launching a "comprehensive review of its cost and operating structure" that should be complete by October. Reuters | July 31, 2024 | 2:12 pm
Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government. Bloomberg News | July 31, 2024 | 12:20 pm
Generation Mining advances on permitting for PGM-copper mine in Ontario Receipt of the few remaining approvals and permits required for construction is expected in the coming months, the company said. Staff Writer | July 31, 2024 | 12:02 pm
London lags in mining listings as rivals surge The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018. Staff Writer | July 31, 2024 | 11:24 am
New digital mining map from Northern Miner and DigiGeoData New digital interface provides detailed information on over 17,000 mining assets worldwide, offering improved access to data and aiding decision-making for investors and companies. Staff Writer | July 31, 2024 | 10:39 am
Solvay to supply Europe with rare earth metals to reduce reliance on China The group has the only facility in Europe able to process light and heavy rare earth materials at an industrial level. Reuters | July 31, 2024 | 10:22 am
O3 Mining reports 92.3% gold recovery from Malartic H sample The Malartic H deposit is within 5 kms of the proposed processing plant and about 1 km north of the former Malartic Hygrade project in Quebec. Staff Writer | July 31, 2024 | 10:21 am
New plans for LithiumBank’s Boardwalk and Park Place projects in Alberta Over the next two quarters, the company will work on advancing and de-risking these projects. Staff Writer | July 31, 2024 | 10:18 am
Adventus-Silvercorp deal to go ahead following favourable court ruling In April, Silvercorp agreed to buy Adventus and its 75% interest in the El Domo copper-gold project in Ecuador for $145 million. Staff Writer | July 31, 2024 | 9:53 am