Seabridge boosts Courageous Lake M+I resource to 11 million oz. gold Courageous Lake now has an after-tax net present value with a 5% discount of $523 million. Staff Writer | January 16, 2024 | 10:49 am
Kenorland converts JV interest in Frotet gold project into NSR royalty This would end the joint venture partnership with Sumitomo Metal Mining established in 2018. Staff Writer | January 16, 2024 | 10:49 am
Indonesia approves Freeport’s mining quota for 2024-2026 Indonesia last year changed mining production plans from annual to valid for three years. Reuters | January 16, 2024 | 10:03 am
China cobalt buyers use global glut to challenge pricing A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand. Bloomberg News | January 16, 2024 | 9:29 am
As price parity beckons, substitution from palladium to platinum to wane The rate at which platinum is displacing palladium in the manufacture of autocatalysts is slowing due to the sister metals approaching price parity. Reuters | January 16, 2024 | 9:23 am
Ivanhoe, GĂ©camines to reopen historic Kipushi mine The historic zinc-copper mine will restart in Q2 2024, with expected production pegged at more than 250,000 tonnes of zinc a year. Cecilia Jamasmie | January 16, 2024 | 9:03 am
Uranium Energy to reboot Christensen Ranch ISR operation in Wyoming First production is expected during August of this year and will be funded with existing cash on the company's balance sheet. Staff Writer | January 16, 2024 | 8:59 am
Australia sends biggest copper concentrate shipment to China since 2020 The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19. Reuters | January 16, 2024 | 8:13 am
Most cobalt producers loss-making after 2023 price slump, says ERG Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop. Reuters | January 16, 2024 | 7:55 am