Feds must force pensions to fund Canadian mining, Lassonde, Giustra say Research shows that Canada’s eight largest pension funds hold some $2.1 trillion in assets but only a quarter was invested in the country. Colin McClelland | February 25, 2024 | 7:05 am
Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America. Bloomberg News | February 24, 2024 | 5:54 pm
Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine Operations were halted in 2017 when a claim brought by a human rights group alleged local Indigenous people’s right of consultation were violated in advance of granting the mining license. Staff Writer | February 23, 2024 | 4:01 pm
Russian metals aluminum, nickel escape new US sanctions Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%. Bloomberg News | February 23, 2024 | 11:11 am
Hudbay Minerals shares rise on record revenue for 2023 The miner reported record annual revenue of $1.69 billion. Staff Writer | February 23, 2024 | 9:38 am
Some Australian ports reopen with cyclone to miss iron ore hub Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority. Bloomberg News | February 23, 2024 | 9:15 am
Column: Funds amass record bear bets on zinc as LME stocks jump Fund managers have been scaling up short positions on zinc, betting that this year's weakest base metals price performer has further downside. Reuters | February 23, 2024 | 9:15 am
Montage Gold gains on Lundin-backed financing Montage said it will use the proceeds to advance its Koné gold project in Côte d'Ivoire, expected to begin construction in H2 2024. Staff Writer | February 23, 2024 | 9:04 am
Activist investor Elliott to target mining assets worth more than $1 billion Elliot's new venture, called Hyperion, would have a mandate to buy across all assets, including base and precious metals. Reuters | February 23, 2024 | 7:55 am