Canada’s move to limit mining M&A hurts big metals producers, Scotia says The new directive suggests that companies including Cameco, Teck Resources, Ivanhoe Mines and Lundin Mining are now off-limits. Bloomberg News | July 8, 2024 | 9:57 am
Chilean Cobalt enters offtake deal, partnership with Glencore Chilean Cobalt will supply Glencore with 100% of the cobalt and copper production from La Cobaltera for an initial period of five years. Staff Writer | July 8, 2024 | 9:51 am
Chinese alumina producers increase output after surge in prices Alumina prices have climbed more than 40% this year. Bloomberg News | July 8, 2024 | 9:13 am
Canada’s resources not enough to ride energy transition wave: Ian London London argues that Canada urgently needs to establish commercialization hubs to produce finished products like batteries, permanent magnets, and cathodes. Staff Writer | July 8, 2024 | 9:00 am
Calibre has Nicaragua approval to develop gold deposit near Libertad mill The Volcan deposit is approximately 5 km south of the mill, which currently has over 1 million tonnes of surplus processing capacity. Staff Writer | July 8, 2024 | 8:41 am
Westgold’s buyout of Karora clears regulatory hurdles Deal will make the combined group a mid-tier gold miner producing around 400,000 ounces of gold a year in Western Australia. Staff Writer | July 8, 2024 | 7:52 am
Indonesia gold mine landslide kills at least 12, more missing Heavy rains since Saturday triggered the catastrophe in the Gorontalo province on the island of Sulawesi. Bloomberg News | July 8, 2024 | 7:23 am
China issues draft rules to allow more recycled copper, aluminum imports China has been looking to raise the usage of recycled metals as part of an efforts to lower carbon emission. Reuters | July 8, 2024 | 7:19 am
Zijin Mining expects first-half profit leap on higher gold and copper output First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said. Reuters | July 8, 2024 | 7:16 am
